trading date: February 28, 2017 –
Friday’s price action was bullish and it shows that buyers are still engaged.
This rally still has room to go, but the gains will be hard-fought. We can expect a series of moves higher and price consolidation after each one.
Resistance will lie at yesterday’s high at $237.31, the new all-time high.
Support will lie at yesterday’s low at $236.35, followed by $235.41.