Key point: 474.00
Our preferred direction: long positions above the level of $474.00, targeting 500.00, followed by $520.00.
Alternative scenario: stop loss and change direction by breaking the $460.00 level, targeting $430.00 levels.
Comment
The stock is breaching the important resistance level of $474.00, therefore, we recommend opening long positions to target the next resistance level of $500.00, followed by $520.00. In the event of a decline below the $460.00 level, the previous analysis will be canceled and the stock's first targets will be $430.00.
