We have a head and shoulder pattern here. the peak being around the 40-44 mark, The distance between neckline and peak is around 20 dollars. Therefore i think it will break the same amount under the neck/support line. so i'm putting a TP around 1210. May close earlier though. Along the way it has to break some ...
Previous up channe, yellow line.
current downward trend, blue line. channel/trend line in blue.
could potentially go to bottom blue line. if that breaks down to bottom of upward channel (yellow line bottom)