Charter Communications may rise to 329.40 - 336.80

285.3 is our pivot point.

Our preference

The upside prevails as long as 285.3 is support.

Alternative scenario

Below 285.3, expect 272.9 and 265.8.

Comment

The RSI is above its neutrality area at 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 283.292 and 274.2144). Finally, Charter Communications is trading above its upper Bollinger band (standing at 297.75).

Supports and resistances

344.5 **

336.8 *

329.4 **

321.8

298.95 (USD-last)

290.3

285.3 **

272.9 *

265.8 **

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