SAAB - Expecting retracement before continuation

I would like us to retrace before we continue up, if we go up from here i expect a bigger retracement in the future and the continuation to be weaker. Bascily if you want SAAB to continue up in the long run you want a healthy retracement here.

I can see SAAB to go up to 790 based on trend-based fib extension. After the retracement, if we hold the bouncing levels.