RKLB Long?

Hey there.

New to technical analysis and was hoping I could get some feedback on what I am seeing.

Descending channel breakout with increasing volume
Retest on the top of channel: Lines up with the 0.5 fib retrace
Higher high outside of channel
Inverse head and shoulders forming with right shoulder on top of channel
Daily close above descending channel, with what looks like a new open at 18.25 premarket (Above channel)

I would be thinking that the 0.5 fib (retest on descending channel) would want to hold.. the reasoning behind that is that a golden pocket retrace (618) would mean the descending channel retest didn't hold, and that would paint a right shoulder to a nasty little head and shoulders back within the channel, resulting in another test of the bottom support.

Any comments on what I am missing, or doing wrong, would be much appreciated.

Xox