Key point: 2302.00
Our preferred direction: long positions above the level of $2,302.00, targeting 2680.00, followed by $3000.00.
Alternative scenario: stop loss and change direction by breaking the $2166.00 level, targeting 2024.00 dollars.
Comment
The stock is testing the important resistance level of $2302.00. A breach of this level is considered a positive sign, and therefore we recommend opening long positions above this level to target the next resistance level of $2680.00, followed by $3000.00. In the event of a decline below the important support level of $2166.00, the previous analysis will be cancelled, and the first target in this case will be $2024.00.
