On the 'daily' chart you'll see a clear 'diamond continuance' formation which started on July 8th and ended around August 28th. This rare formation is an indication for volume-backed support. Having said that, the stock is likely to touch (and slightly break) the ATH , then temporarily reverse to the 14MA (to recharge), before ultimately running for a definite breakout above the ATH (right around the PlayStation 5 release date).
Failing to do any of that would send the stock back towards the 'monthly' 125 moving average and lower. Succeeding in breaking the ATH will send the stock towards 9000+ in "no time".