The trend is upward.
The upward momentum within the third wave 3 of the highest level is forming. Locally the fifth wave v of 3, within which the upward momentum as a third wave (iii) of v of the lower level is developing, is developing. If the assumption is correct, the price will grow to the level of 205.00. The level of 186.11 is critical for this scenario.
Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 195.40
Take Profit 205.00
Stop Loss 192.20
Key Levels 172.00, 186.11, 205.00
Trading scenario
Buy the stock from the correction above the level of 186.11 with the target at 205.00.