The Channel is a pattern of consistency at times it may go a bit over the Channel which it did when it hit $4.75 in the beginning of the month and the current dip to $3.33 ...it may even hit the lower Keltner Line before it reverses but those spikes and dips are not following any consistency ...the spikes and dips are at best non events until those points develop a consistent trend... until then the Trend remains within the Current Channel...
I will continue to add and make great profit on the pops like the one over $5 in the pre market the other day and consistent profitable trades from the bottom to the top of the current Channel and you can continue to post baseless nonsense with your LOL comments...