The stock maintains a bullish long-term trend (above 200D SMA) but is consolidating near the 50D SMA ($238.90), offering a support-based entry. While MACD indicates short-term momentum loss, RSI at 47 is neutral, allowing for a rebound. Valuation is reasonable (Forward P/E 23.6x). The setup targets a return to overhead resistance at $275, with a stop placed below recent support levels to manage high-beta volatility.