Arrow returns to the upside move, as the price is testing the resistance 340.85 after testing the support level of 330.70 to the downside, and it reached the support level near the 50 SMA. Which is moving near the major support at 330.50.
The stochastic indicator approached the overbought zone, coinciding with the price testing of the support level
The expected trading range is between 301.40 support and 350.50 resistance
The expected general trend for today: Bullish.