The island gap deposited on Goldman’s chart yesterday was a relative sneeze compared to what would happen if the stock were to get anywhere near Jim Cramer’s $240 target (which, to remind you, is well above mine at 213.62). Notice in the chart that a mere $25 thrust would surpass three external peaks on the weekly chart. At that point, bears could kiss the cruel and seemingly irrational world of Wall Street goodbye and run for the hills. Most immediately, the stock looks bound for at least 201.67, provided it can get past a midpoint at 193.39 by a bit more than the 193.60 high recorded yesterday.
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