Pivot point: (105.00).
Favorite scenario: Entering long positions above the 105.00 level, with $120.00 as an initial price target.
Alternative scenario: In case the price drops below the level of $99.80, you can enter into short deals with setting $91.82 as an initial price target.
Comment:
The stock broke the triple top of the PFN chart, becoming the target of $120.00, so we recommend opening long positions from the current levels to sell on the target of the pattern. But in the event that prices drop below the level of 99.80, it cancels the previous figure, and in this case it is recommended to open short deals to target the level of $91.82.
