I wouldn't trade this, but like to keep the chart for reference.
Off of the main trendline from the peak price around the holidays, I'd expect a continuation to the middle or bottom of the channel. Riding the top brought in much more optimism than expected.
I'd feel safe on a positive movement from bottom to top of cloud then re-assess from action off of the top.
I'm all for a major bloodbath after short confirmation. Be careful around resistance levels and let it slide down hard.