Current price: 26.05
Key point: 25.09
Our preferred direction: buying positions above the $25.09 level, targeting $29.70, followed by $32.00.
Alternative scenario: stop loss and change direction by breaking $24.00, targeting $22.00.
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The stock breached the important resistance level at $25.09, with support from both the RSI and Ichomoku indicators. Therefore, we recommend opening buying deals to target the next resistance level at $29.70, followed by $32.00. In the event of a decline below the important support level of $24.00, the previous analysis will be canceled and the first support in this case will be $22.00.
