Testing Channel. Break out from a previous bearish channel is observed entering a new sideways channel. If breaks either support or resistance of the new channel, good movement could be observed.
Price has been through a corrective phase. A move past 353.5 would trigger a bullish sequence of higher highs & higher lows. This breakout would also trigger a buy signal in Point-And-Figure chart.
Am expecting a quick spike to 400+ in this one, if 353.5 is taken out.