Reasons for bullish bias:
- Ascending triangle breakout on weekly
- Bounce from strong support that was previous long-time weekly resistance
- Positive Earnings
- Buy Stop order at HH breakout for further confirmation
- DOW theory Alignment
Here are the recommended trading levels:
Entry Level(Buy Stop): 162.19
Stop Loss Level: 152.98
Take Profit Level 1: 171.4
Take Profit Level 2: Open