$DOCU Bounce from bottom of Channel?

DOCU I've play this several times from the bottom of the channel to the top. I'll try it again. This is not the most reliable type of set-up so I have a tight stop just below today's low. You can see my entry and stop prices on the chart. This is a name I really like but it can't seem to get too much traction as of late. Maybe this is the time it's breakout of the top of the channel. all TBD. Ideas, not investing / trading advice. Caution is also warranted as IDB has downgraded the market action to "Sideways."