It wouldn’t be the end of the world to get a dip down to the $157 to $160 breakout area, along with the 50-day moving average. Will we get it? I don’t know, as the bulls could easily step in earlier. However, it would be a solid buying opportunity.
Either way, as long as the trend continues higher, the next set of extensions could be in play between $188 and $194. Above that and the obvious is in play: $200.