Descending channel makes confluence with long term trend line (red) and price. Double bottom at confluence as pullback after break of previous swing high. Short term target at last swing high. Ultimately price could breakout of channel offering a secondary entry at the pullback after the channel breakout with long term target around $34. If price instead breaks down through the long term trend line, then almost surely will setup a strong short on a rally back up to trend line, for now continue trading with the trend.