OMU: long exposure on a minor correction?

A price action above 1210 supports a bullish trend direction.
Increase long exposure for a break above 1230.
The target price is set at 1270 (its 78.6% Fibonacci retracement level).
The stop-loss price is set at 1160 (its 23.6% retracement).
The waterfall effect of breaking the 200-day and 2-week will act as major support for the bullish underlying trend.