CHTR: mean reversion trade?

The price action to the upper range of the linear regression channel pattern increases the likelihood of a mean reversion trade.
A price action below 488.00 supports a bearish trend direction.
Crossing above this level will negate the bearish trend.
Consolidation range from 463.50 to 480.00.
Crossing below 463.50 might target 447.00.
Crossing above 480.00 might be the first sign of strength.
Downward sloping linear regression channel pattern also supports a bearish trend direction.