We wanted to see this hold above the yellow trend line and it has been doing that comfortably so far, it may need another retest from above to show that it is a strong support line and once this is achieved, this could move then to our $168 target initially and then higher to complete Wave 3.
We can see that it has behaved exactly like the $DAL chart in terms of its Wave 2 structure, this has held exactly at the 0.65 Fib and has bounced, breaking above a strong resistance line and holding above so far.
I continue to like what I see here and I have added since going above the yellow line.