Back out all the way to a monthly chart and you might confuse this stock with a rocket ship company, given the verticality of its price action. However, in the time scale presented above, a clear rising broadening formation can be seen (yellow).
Now, is it or bearish? The answer to that question depends on how early one can detect a pattern like this. If caught early, it can be very , as it can help you capture the impulsive moves that take the price to the top . And once you arrive, it can warn you of an impending period of consolidation. And we can clearly see those periods above (red).
Now, that said, where are we today? These patterns often resolve with the final thrust rolling over before ever getting to the top channel.
And sure enough that is just what we see here. This recent, rising, period of consolidation (blue) often fails to the downside.
After this final reversal, these patterns often ultimately resolve themselves with a failure of the lower (yellow) channel. So, at this point in the unfolding of this pattern, it is . And it looks to have begun the process of failing from the recent rising flag already (blue).