Pivot point: (147.20).
The preferred scenario: Entering long positions above the $147.20 level, with $152.00 as an initial price target, followed by the $56.00 level.
Alternative scenario: In the event the price drops below the $144.70 level, you can enter into short deals with $138.00 as an initial price target.
Comment:
The stock is testing the important resistance level of $147.20, which in case it breaks upwards, it is advised to open long positions to target the next resistance level of $152.00. In the event of a decline below the level of 144.70 dollars, the previous scenario will be canceled, and in this case it is recommended to open short deals to target the level of 138.00 dollars.
