I'm waiting until after a small drop to about 84.50 which is where support appears to be, then long to about 95.50 or higher depending on it's personality at that point. Target might still be under and admittedly imperfect channel, but the bulls may bring it back into the channel. Considering the price action after earnings, could be a bit of a wild ride.
Saw this setup over the weekend, so watching for a gap up. I use a rather complicated system that points toward a long position, but we'll just say that it is a trendline play for now. I generally like a bigger risk to reward, but can accumulate more positions closer to the stoploss if necessary.
I think a 50% fibonacci retracement is likely. A 61.8% retracement would be ideal since that is where the February peaks support is, but unlikely in my opinion. The cup and handle is an early best guess prediction and just think it would be cool if it plays out that way!