To be honest I don't give targets as much thought as my downside. I try to focus on NOT LOSING but the top line of my channel crosses about $14.30 at the Ides of March. Just assuming the same slope as the rise from the channel bottom in Jan 2012. I don't have a clue at this point in time if it'll make it.
Nearer, a 38.2% retracement between 16.75 and 8.27 is $11.51. A 50% retracement between 14.58 and 8.27 is $11.43. The midpoint of the Nov 2nd selling bar is $10.96. The November Pivot S1 is at $11.13. So, what do we have? $10.96 to $11.51. Time frame is tougher; could take 3 to 5 weeks I suppose. 8.27 to $11 is a 33% move, that will work.