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Would This wedge be relevant if we broke to the upside?
I think the relevance would be of the channel rather than the wedge itself. The time gaps between the wedge lows are pretty small and the price rose to about 3.50 respecting that very wedge. So, the relevance of the wedge has fallen by quite a bit for me. However, since the price is reacting at the channel low repeatedly, you should keep following how the price reacts in the future as well. The standout point for me is the low created around 1.50. Since the chart has almost created a double top on a high time-frame chart, the low around 1.50 is the neckline. Expecting that the price is in a trading range or perhaps a broad bull channel, the low around 1.50 should be important and the stock might try to create a double-bottom type formation around that level.
P.S. I am a beginner, so consider my views accordingly.
