Pivot point: (328.00).
Preferred scenario: Entering long positions above the 328.00 level, with $347.00 as an initial price target.
Comment:
The stock is breaching the important resistance level 328.00 to the upside, so we recommend opening long positions to target the next resistance level $347.00. In the event of a decline below the important support level of $316.00, it cancels the previous scenario, and in this case it is recommended to open short positions to target the next support level of $304.00.
Point-and-shape graph:
The point and figure graph supports the previous prediction due to the double top broken pattern
