American Tower may rise to 207.80 - 211.90

Our pivot point is at 186.9.

Our preference

As long as 186.9 is support look for 207.8.

Alternative scenario

Below 186.9, expect 180 and 175.9.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 194.708 and 188.813).

Supports and resistances

216.1 **

211.9 *

207.8 **

203.5

194.79 (USD-last)

189.8

186.9 **

180 *

175.9 **

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