157.2 is our pivot point.
Our preference
The upside prevails as long as 157.2 is support.
Alternative scenario
The downside breakout of 157.2 would call for 137.3 and 125.6.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 172.9655 and 170.8078).
Supports and resistances
241.1 **
228.7 *
216.5 **
204.2
177.46 (USD-last)
165
157.2 **
137.3 *
125.6 **
Number of asterisks represents the strength of support and resistance levels.