Charter Communications may rise to 351.00 - 361.00

Our pivot point stands at 297.

Our preference

As long as 297 is support look for 351.

Alternative scenario

Below 297, expect 281 and 271.

Comment

The RSI is above 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 307.537 and 289.7366).

Supports and resistances

371 **

361 *

351 **

341

312.66 (USD-last)

304

297 **

281 *

271 **

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