My views are my own and should not be considered as trading advice
Okay where to start, I know many are not a fan of the fib tool, but sometimes, well lets say it's useful
Next is on a current uptrend (fact) and (now fiction) using fib and a current support trend line 7060 seems to indicate a level of resistance, if 7060 becomes support/or is broken then yes i agree with and a possible target of about (9000 or above over the next year+)
Personally I think the half year results on about the 25 Sept will be the game changer for Next, (and to be honest i have not read thought the recent past news stuff/reports etc... maybe later)