Now, we are confirming the Fib channel as support, after a PERFECT 62% retracement. Look for a good, strong impulse wave up from this level to go long. This could be an excellent trade! Previous target was $102, but I think now considering the state of the market, that (conservative) target can be revised to $114 for the 127% extension and, $135 for the 161% extension.
Good luck, traders!