Pivot point: (215.00).
Favorite scenario: Entering long positions above $215.00, with $250.00 as initial price target.
Alternative scenario: If the price drops below the $210.00 level, short positions can be entered with $190.00 as an initial price target.
Comment:
The stock is breaching the important resistance level of $215.00, therefore we recommend opening long positions to target the next resistance level of $250.00. In the event of a decline below the support level of $210.00, the previous analysis will be canceled and it is recommended in this case to open short positions to target the next support level of $190.00.
