Our pivot point stands at 397.
Our preference
The upside prevails as long as 397 is support.
Alternative scenario
Below 397, expect 384 and 376.
Comment
The RSI is above its neutrality area at 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 397.558 and 388.1008). Finally, has crossed above its upper daily Bollinger band (416.43).
Supports and resistances
458 **
450 *
442 **
434
417.24 (USD-last)
402
397 **
384 *
376 **
Number of asterisks represents the strength of support and resistance levels.