New highs on this stock need to be watch very carefully if you own this stock as I suspect it can potentially end a large impulse wave (5 wave advance) from the Aug 2015 lows. The prior spike was a thrust from a triangle, at the tiem I fel that it was missing a 4th and 5th wave.
Before
After
Fast forward and we now have that, a new high is still favored for wave [5], so I would lift your stops to 31.00 as then next all time high could be be a important high and one that you may regret not taking the cash when you had the chance to .
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