In the industries some are leading and others follow they, some are breaking resistance lines now, others are making the pullback now, others are in a strong trend
and others are have not reacted yet.
In this case I have similar breakout with a pullback in progress and again the the price is negotiating with a in the 19.00 area.
Here I propose two targets
The first is a swing trade with a target close to 23.00
The second is position trade wit a more ambitious objective and can be close to 44.00 or before.
It is the decision of the trader set the targets in agree with your personal objectives, because many things can happen since these ideas are for long term traders.
I propose targets based on past resistance and support levels.
Average-volume: 31,756 is relatively low for Institutional traders. You decide