Weekly: -Completed 3-level step in the falling channel . -Double bottom; volume spike forming the second bottom. -Engulfing weekly.
Daily: -Sound consolidation below the downsloping resistance, holding the engulfed weekly candle as a support. -No immediate rejection off the major channel resistance.
At this rate, a voluminous break up above the major resistance would open the gates to a 3x-move in the mid-term.