True - another option that would work is a return to 55c - 60c and then another pullback to form a H&S pattern. I don't much mind what happens so long as the we form a proper structure to move up from. the height of this overall structure (43c - 83c) is 40c - giving a BO target of $1.25 if that comes to be....
What would that diluted MC be? $130m odd..