I could draw a second channel identical parallel to the first one.
On Friday it presented an interesting movement and I expected a positive variation for today. It is possible to test the prices of the MMA 80, but if it follows the channel, then it will try again to surpass $27.
It is a healthy correction on price (1~2 weeks). The RSI has reached yesterday a level similar to the previous downtrends in the short run. There is a clear channel and the stock must be on the radar since all the MAs have positive slope.
Inside bar on August 21st and possible change in the downtrend.