American Tower may rise to 210.30 - 214.80

Our pivot point stands at 186.9.

Our preference

As long as 186.9 is support look for 210.3.

Alternative scenario

The downside breakout of 186.9 would call for 179.2 and 174.8.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 193.421 and 185.6584).

Supports and resistances

219.5 **

214.8 *

210.3 **

205.6

194.85 (USD-last)

189.8

186.9 **

179.2 *

174.8 **

Number of asterisks represents the strength of support and resistance levels.