Charter Communications may rise to 426.00 - 445.00

Our pivot point is at 333.

Our preference

As long as 333 is support look for 426.

Alternative scenario

The downside breakout of 333 would call for 301 and 282.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 347.281 and 311.6748).

Supports and resistances

465 **

445 *

426 **

406

364.41 (USD-last)

345

333 **

301 *

282 **

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