The recent new high has enough gyrations to make a strong case that its close to ending an impulse wave form the 2016 lows, whilst wave 5 could extend a little higher, considering the actual structure as well as the prior weekly advance I think the bulls are now on borrowed time and a reversal is likely due. If you own the stock you may wish to lift stops to 104.00 to protect any gains you may have.
An impulse reversal below 140.00 or a small 5 wave decline would offer the first clue to suggest wave 5 has peaked as well as completed the advance from the 2016 lows. It maybe time to get off this trend.
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