GOGL NASDAQ - Technical bull case for medium and long term

Due to GOGL recent golden cross (GC) trigger it's based on historic data probable, we currently stand in front of a profitable bull run. Previously, the stock has proven to follow the GC trigger remarkably well, despite stock printing and subsequent stock overhang which otherwise would dampen such trigger. The stock has recently gained a decent amount of ~30%. However, there are sound fundamental reasons to believe this is just a start of an ongoing structural trend in the dry bulk freight market. These fundamental reasons stand to be impermeable only with the possibility of being postponed by a black-swan event like WWIII or events alike in magnitude. The chart displays the trend that has been established and followed in the previous ~6 months and hypothesizes the possibility of this trend being positively outpaced both on the aforementioned fundamental basis but also on a very strong and sound technical basis. Combining this analysis with the analysis of previous support and resistance lines in the chart, we find it likely that the stock will first challenge the ~$10.3 resistance and fail due to the dual resistance from both trendline and historical resistance line. This is also supported by needed relief in RSI. On a second try, we believe we believe enough momentum is allowed to breach the 10.3 resistance and complete a break-out for then to make a breach of the trend channel's upper line for the later test of the next resistance at ~$11.5.