Charter Communications may rise to 327.00 - 334.00

291 is our pivot point.

Our preference

The upside prevails as long as 291 is support.

Alternative scenario

The downside breakout of 291 would call for 278 and 270.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 286.8185 and 277.1356).

Supports and resistances

342 **

334 *

327 **

319

301.79 (USD-last)

296

291 **

278 *

270 **

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