OXT Bullish Divergence - Will it beak out?

Bullish divergence on the daily, at this point OXT is not moving outside of the $.29 - $.30 range. If OXT can break out of this channel Im looking for a target of $.45, if it cant break out of this channel I see strong support at around $.265

Noob trader here, this is my first chart trying to learn some TA fundamentals, this is for my personal entertainment, not financial advice.