chart gurus help please, page-2

Not sure if i qualify as a chart guru, however i may as well share my views.
I have been slowly adding here of late and i will share the chart and reasons why.
- 160 area was a 150% fib retraced move from the high and strong indicators clicked in to suggest this could be a major turn
- The low came in right on a 50% retrace in time, a measured move on the top to top ( 06 and 07 )
- If these areas hold minimal risk trade with several opportunities so far to add to position.
- ideally from here you would like to see it get between the 50 and 100MA levels over the coming weeks/months
- if it holds support there i wouldnt be suprised to see it attempting the 250 by xmas.
- the reason i say 250, because currently its in a range so to break it will create momemtum, have another rest and then explosive move to 250.
- If im wrong i dont mind , know the risk and use stops

Hope it helps some