Aggressive trade: short $75.25 (entry point of smaller ) stop: $76.26, targets:
1 $72.24 RRR 3.1
2 $70.33 RRR 5.1
3 $68.90 RRR 6.6
(based on the two ABCDs and the last obvious horizontal resistance, respectively.)
Less aggressive: wait until price clears the larger ABCD's 25% entry (74.78) or the smaller ABCD's CD midpoint (74.23).
DISCLOSURE: I'm just making all this stuff up. Feedback welcome. Good luck! :)
Target $78.65 based on ABCD, or $79ish based on WL above. Partial profits at the green arrows.
(Via its links with Stephen Hadley, "former national security adviser to George W. Bush, made a series of high-profile media appearances. Hadley argued strenuously for military intervention in appearances on CNN, MSNBC, Fox News, and Bloomberg TV, and authored a Washington Post op-ed headlined "To stop Iran, Obama must enforce red lines with Assad."")
** see NYT story on similar issues from 2008: