Broken outside of the current sideway trend to make newer high

I followed the sideway uptrend moving channel only to see it break rather than retrace and correct itself. Following a similar pattern, with room on the stochastic, could lead to a fluctuating price, but with the bullish sentiment, I could see a rise to closing in on the high 100s and reaching new highs closing at 200.
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian