The stock is trading in an upward price channel in the range of its lower border. The support level of 237.0 held back sellers.
A bullish divergence has formed on TF H1 of Awesome Oscillator indicator, and Stochastic Oscillator signals oversoldness. The nearest resistance level is 239.50.
Trading recommendations:
Buy strictly above the resistance level of 239.50.
Stop Loss below the support level of 237.00.
Target levels - 242.00; 246.50; 249.00; 255.28.