Will Etsy Climb the Channel Over the Holidays?

Etsy seems to be consolidating at the bottom of it's current price channel. I'm interested to see how Etsy responds over the next few weeks as the holiday season approaches.

Red box: Short term resistance ~$130
Blue box: support zone from late October/November

It looks to me like ETSY may retest the blue support zone one more time before climbing higher in the Channel.