Merely because the stock has become leaden is no reason to assume it will not eventually reach the bull-market target I flagged here earlier at 143.97. Perhaps an upturn is at hand, since the stock failed miserably to achieve the 121.43 downside target shown. That’s a mildly bullish sign, although it would carry more authority if buyers are able to extend the rally Monday night above the 125.40 point ‘C’ of the downtrending pattern. Were that to occur, I’d suggest using the 129.22 midpoint resistance of the big ABC pattern shown as a minimum upside objective for the near term.
