161.9 is our pivot point.
Our preference
As long as 161.9 is support look for 194.5.
Alternative scenario
The downside breakout of 161.9 would call for 151 and 144.5.
Comment
The RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 167.0355 and 149.1486).
Supports and resistances
207.8 **
201.2 *
194.5 **
187.9
174.37 (USD-last)
166.2
161.9 **
151 *
144.5 **
Number of asterisks represents the strength of support and resistance levels.