Hey Raj,
Cheers! Typically with these sorts of moves a good way to set a target is using a 200% extension of the latest dip, so that is, measuring from the most recent major top and bottom and adding 100% on top, they don't always reach this level, but its a good set target if it reaches that level (in this case that's 40.5c.
Other than that, I mostly track the breakout using support resistance, MACD, and a mixture of emas (eg. staying above the best fit ema for the breakout and watching for a crossover of the 5 and 9 day emas.) and Bollinger bands are always helpful, watching for a big overextension out of them usually indicates a pullback - but not always.
These moves aren't always fast either and are usually news dependant, if there is good news flow the target could be reached in days to a week/ 2 weeks. Other than that it could take weeks to a couple of months.
Currently, I'm watching for a backtest of the major 62% fib (24c) we broke above yesterday, just like the backtest of the minor fib at 21c
@myleogb ill tag you here just in case you haven't seen this one, might be good to pick some up near that fib if it holds.
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