$CBTC Long Trading Targets: Playin' Around

Just having a play around with basic trend lines & support/resistance lines.

Tried to play out a trade.

Target 1&2 is sitting on a defined support line. Following new trendline.

Target 3 is placed at ATH level

MACD is indicating (late) a bull run supporting my theory.

Have I got anything wrong? What are your thoughts?