So there are alot of areas the price can travel through. The thick lines are indicative of past price actions with at least 3 points each. We are also trending in a descending pattern.
But we are now trying to test top of the channel and even the bottom of one of the bullish price lines.
If we can break through both of these we should be able to rally until earnings , if we cant then we might be bouncing for a while until earnings .