Surge Energy Fib pattern

Traverses for Serge stock price is following a bullish channel that is narrowing. Using Fibonacci retracement numbers, the current traverse will correct at approximately $7.55, and go to $9.60, at which point, the channel will more than likely reverse.
Low revisited, but has passed below it, and out of the channel boundaries. Has the trend been broken?
First target met on Sept 11, but will likely re-visit that low.
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