If we repeat the run up from the 90s lows to 2011 high that would put us at $690.
This is normal action for breakouts. It repeats the move from the low of the cup to the high of the cup, logarithmically.
Its certainly possible we go lower but I don't think we will without a bounce higher first.
At least back to $25, maybe $35.
I welcome lower prices with open arms.
11 Feb 2014