American Tower may rise to 208.90 - 212.90

188.8 is our pivot point.

Our preference

As long as 188.8 is support look for 208.9.

Alternative scenario

Below 188.8, expect 182.6 and 178.7.

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 194.602 and 190.6614).

Supports and resistances

216.6 **

212.9 *

208.9 **

205.2

196.77 (USD-last)

191.3

188.8 **

182.6 *

178.7 **

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