rounding bottom formation , it may form cup and handle also , closing above 54.80 (with wide spread and volume) - positional intraday- stock is on verge of breakout ,may give decent move.
breakout possible, notice big bears volume on resistance with narrow spread while bull are wide spread with volume too. seems bulls are coming to break the channel. intra move possible positional depend on closing price above breakout with volume .
spring is ready to blast , may give break any side just play with direction.
just find your trade with market direction. notice volume while break of pattern. notice higer time frame also . enter in 5 min or 3 min time frame on pull back.
breakout of triangle,notice volume of wide bull spread and and narrow bear spread ,simple price action.