Reversal from it's previous downtrend

July 24th we see it break the support line and make lower lows and highs.
From July 27th to August 3rd: we see selloffs bringing the stock down 5% every day with reducing the company's market cap by 1 billion dollars.
With yesterday and today trading, we see a reversal with a break of the downward trend channel
With earnings coming and up it may be a driving force to bring the stock up 10-15%