Pivot point: (214.00).
The preferred scenario: Entering long positions above the 214.00 level, with $217.00 as an initial price target.
Comment:
The stock reached the important support level of $211.00, and the RSI rebounded from the oversold areas, and the stock completed the rise and breached the 20-hour moving average, so it is recommended to open long positions to target the next resistance level of $217.00. In the event of a decline below the level of $213.00, the previous scenario will be canceled and it is recommended in this case to open short deals to target the next support level 211.00 again.
