MLPA: Compression at the bottom of bullish channel

The current channel in MLPA began April 2020, with the long-term resistance line crossed in January 2022. Bullish channel is now 3.5 years old and may be pushing to longer term key level at $48.50. If the price action moves to the top of the current channel, share price will approach $55.
However, beyond that, 8-year resistance at $60.