Pivot point: (435.95).
The preferred scenario: Entering long positions above the $435.95 level, with $465.50 as an initial price target.
Alternative scenario: In the event the price drops below the $430.85 level, it is possible to enter into short deals with $410.00 as an initial price target.
Comment:
The stock is rebounding from the important support level $435.95, therefore we recommend opening long positions to target the next resistance level $465.50. In the event of a decline below the important support level of $430.85, it cancels the previous scenario, and it is recommended in this case to open short positions to target the next support level of $410.00.
