Near Term Trend: Bullish
As of 1/5/18 close: $48.62
UPDATE: Last week, I suggested selling at $47.64 with stops on a close above $48 and with a target of $44.01.
European stocks broke out through potential resistance at $47.64 this week opening the door to more upside in the near-term. Stops should have been honored on any shorts. The next projected ceiling comes in at $50.01.
I would hold longs until $50 and would then sell / short with stops above $50.25 and with a target of $44.09.