We have breached the upper limit of a parallel channel, indicating the first bullish signal. The second indicator is that the price is now approaching the neckline of the head and shoulders pattern near $145. At this level, we expect a downward retracement that may form the right shoulder around the support area at $124, which also coincides with the previous breakout area of the channel. After this correction, the price is expected to advance towards the main resistance level near $170.