Pivot point: (125.81)
Preferred scenario: Entering long positions above 125.81 dollars, with the 134.00 dollars as an initial price target.
Comment:
The stock is testing the important support level of $125.81, in addition to the appearance of a positive signal on the RSI indicator, so we recommend opening long positions to target the next resistance level of $134.00. In the event of a decline below the important support level of $121.00, the previous scenario is canceled and it is advised to open short positions to target the next support level of $120.00.
