Everyone has been predicting this breakout for the past 3 or 4 days, and it just came true. It is looking like it could hit $260 to $270 based on the flag. But the larger 1-hour cup and handle suggest it could go even higher, maybe as high as $350 to $360.
I'm pretty new to this and have been working on some software strategies since late December and trying to learn about technical analysis. Now is the time to hold and ride it up. But when should we take or profits?