When the share price of a ticker is ranging or trading sideways for a long time, we should anticipate a breakout and a push in the direction of the breakout. COUP has been consolidation since mid-June so let's get ready for a breakout scenario.Coupa Software (COUP) 4H Chart (click to enlarge) Range:- As we can see on the 4H chart, COUP has been ranging roughly between 28.80 and 31.90.- The range has narrowed a bit recently, but we should still use the larger range to monitor a breakout.- If we use the width of the range as a basis for projection, a break above 31.90 would open up a target of 34.90, or around 35.- A break below 28.80 would open up 25.80. Indeed 25.80-26 is a support/resistance pivot area to monitor anyway for support.