This stock has formed the classic cup and handle pattern indicating a possibility of a breakout. Stop loss can be maintained at 158, which is the bottom of the handle.
Supporting Technicals:
RSI: 65.6 ( Bullish but not overbought) MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.