Last "step up" a simple rectangle measured move gave a good price target. These patterns are among the most reliable as far as providing accurate targets from my experience.
I would expect a slight pullback from here (or slightly higher) to retest the breakout, but this trend is quite strong so it may just take off. A break back below the breakout level and close would look like a bigger fall.
I would expect a slight pullback from here (or slightly higher) to retest the breakout, but this trend is quite strong so it may just take off. A break back below the breakout level and close would look like a bigger fall.