From a technical and fundamental perspective - yes. Price closed well above the recent area of 136.25, and the next resistance is not until 141. The Andrew’s in the chart uses 50% median lines between the primary and its upper and lower counterparts. On 5.29 price struck the previously mentioned line, retraced to the lower 50% where price bounced and rallied through resistance. Now above the median and line and having run into the upper 50% price has settled back a little but still coiled to move higher.
Over the next few sessions, we should see price rally to the intersection of the upper parallel and the 141 line.