500 is our pivot point.
Our preference
The upside prevails as long as 500 is support.
Alternative scenario
The downside breakout of 500 would call for 481 and 469.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 506.2015 and 488.7596).
Supports and resistances
578 **
567 *
555 **
543
516.83 (USD-last)
508
500 **
481 *
469 **
Number of asterisks represents the strength of support and resistance levels.