With this pitchfork defining a channel for growth, it is following it nicely. It's just that it is slower than the trend's SMA/mean. This pitchfork acts as a micro-trend, or trend-within-a-trend, steering upward. Since we continue to break thresholds I am less fascinated with fib retracements, damn the torpedoes.
This median line has built very good validation and there is price action and reaction to the warning lines. The warning line labelled is current support & while that holds, there is potential for price to target 336 & 383. If warning line support starts to fail, that means a change in price behavior on this time frame and will likely relate to a deeper correction.