The profit margin for PUNT has basically been exhausted, and it might be time to consider starting to accumulate spot positions.
It is recommended to enter a position around 1.25; if you are more aggressive, you can enter at the current price.
The average price is around 1.4. If there is a subsequent pullback, you can make additional purchases in the 1.1 to 1 range.
Regarding target prices, if you are looking at the long term, you can wait for the previous high area to take profit; if you are trading short term, the target price can be seen in the 1.9 to 2 range, which still has considerable upside potential.