Pivot point: (128.45).
Favorite scenario: Entering long positions above 128.45, with $145.00 as an initial price target.
Alternative scenario: In case the price drops below the level of $128.00, you can enter into short deals with $119.00 as an initial price target.
Comment:
The stock is recording a new high by breaching the main resistance level of $128.45, and we recommend opening long positions to target the next resistance level of $145.00. In the event of a decline below the main support level 128.00, it cancels the previous scenario, and it is recommended in this case to open short positions to target the next support level of $119.00.
