Pivot point: (360.00).
The preferred scenario: Entering long positions above the $360.00 level, with $380.00 as an initial price target.
Alternative scenario: If the price drops below the $358.00 level, you can enter into short deals with $333.00 as an initial price target.
Comment:
The stock is moving above the ascending trend line that started since last March, so we recommend opening long positions to target the next resistance level of $380.00. In the event of a decline below the $358.00 level, it cancels the previous scenario and is advised in this case to open short positions to target the next support level of $333.000.
