Channel pattern breakout?

١٠ أغسطس ٢٠٢١

It appears as the stock broke out of the channel but see the big rejection of the last candle...long upper wick of the candlestick. So i would not take any position as yet. Volume is decent but the rejection is worrrisome. Let's wait and see what happens. The stock has been doing higher highs though. Cheers