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 support and resistance lines. P.S this is the first...
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)