Our pivot point is at 237.3.
Our preference
Target 205.4.
Alternative scenario
The upside breakout of 237.3 would call for 247.3 and 253.3.
Comment
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day moving average (228.085) but above its 50 day moving average (223.2118).
Supports and resistances
253.3 **
247.3 *
237.3 **
233.4
224.61 (USD-last)
211.2
205.4 **
199.6 *
193.8 **
Number of asterisks represents the strength of support and resistance levels.