A cup noticed on the daily chart from Dec27 to Jun22. A handle follows from Jun22 to Jul05 then the breakout on Jul06 above $30. Considering the depth of the cup (about $10), the target price is $40 and the stop loss price should be $25. There is no typical rule telling us when the target price would be reached; SFIX is a young stock but we have two occurrences of a run of $10: • From Dec19 to Dec27 in 5 sessions; • From Jun05 to Jun20 in 12 sessions. Therefore, SFIX might reach $40 by Aug03; However, SFIX just have monthly options so one might consider Aug18 $40 calls.