Stock is trading sideways since last september making a TRIANGLE on daily chart. This triangle may break upwards which will take stock to 350 levels in short term. There is a resistance near 301 to 305 due to presance of DMAs like 50, 100 and 200 breaking which its upward rally will start. Stock bounced back from 20 DMA yesterday and managed to close just above 300.
Stop loss at long position should be at 285.
