A leg heading to the upper channel resistance line

Jan09:Positive Momentum divergence. Support at 0.236 Fib (204), Still on the downtrend, but if this can hold this value there could be a leg that could reach the 0.382 Fib @220.
Still too early to tell. If this support is broken then it can go as low as the 100% retracement at 177.
The signal is a close above the 8 EMA.and rotation on the fast ribbon (orange).
Earnings is scheduled in 40 days from now (Jan 9th) I am long for just this leg, I expect they'll play before earnings to get buyers and then a surprise on the ER could drive the stock back to the lower channel support line.