Entry: 40 .97
Stop Loss: 37.95
Take Profit: 49.56
Due to the lack of activity during the New Year, the price re-checked the entry price. This move was on a very low volume and formed a horizontal channel between $39.45 and $44.59. If the asset would be able to pick up the volume in the next 2-3 days, then there is a good chance of breaking the resistance at $44.59 if not then it would be appropriate to close the position at this level.
There is no need to move the stop loss yet, as there can be a quick drop and bounce before the upward move.