The price broke 200.00 resistance level . The trend line supports further upward movement. We can place pending orders for buy above the local swing high and it's 207.00 level. Stop orders must be placed below 191.50 level. Profit targets are 216.00 and 224.00 levels.
@ItaloPires, The local swing high is the highest point (around $206.50) of the most recent upward trend after the price broke above $200. The short horizontal blue line that starts from the local swing high is acting as resistance to further moves higher. If the price can break above the level of the local swing high, then it will likely move higher to the next zone of resistance. This means a stop buy order at $207 will carry less risk than an order placed below the resistance line.