Current price: 32.39
Key point: 30.75
Our preferred direction: long positions above $30.75, targeting $38.20, followed by $43.00.
Alternative scenario: stop loss and change direction by breaking $30.00 with targeting $24.00.
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The stock is breaching the important resistance level of $30.75, so we recommend opening long positions to target the next resistance level of $38.20, followed by $43.00. In the event of a decline below the important support level of $30.00, the previous analysis will be cancelled, and the first support in this case will be $24.00.
