looking at the very long term chart (40 yrs, going back to 1980), i expected that it should hit 80 bucks. this is the high back in 1987. maybe even go just a little past it. but then start a sideway correction for a few years.
the long term pattern is an inverted H&S. with the left shoulder from the late 80's, thru the early 90's. a double head in 2001, and 2016. then we are going to start working on the right shoulder for a few years now.
you never know, with a H&S pattern if the right should will take as long as the left. or will it end quicker, with a strong breakout? in this case, i do not expect it to break down.
i'm thinking we may get a trading range between 50 and 80 for 3 or 4 years, before we break higher.
of course these patterns rarely play out the way we expect.