The thing to look at here is the Parallel channel PA is in.
The centre line is the Horizontal Blue Dashed line. This is the 0.5 line
Either side of that, we have a white small dashed line. This is the 0.25 and 0.75 line
Above and below those we have the Solid Blue lines. these are 0 and 1 lines.
And the blue dashed lines above and below those are the -0.25 and 1.25

Now look to the left side where PA is in this channel.
The lower day count is from when PA entered the upper half of channel, 0.5 to 1.
PA ranged in there for 126 days before it dropped below 0.5.
From here, despite rising above 0.5 occasionally, it did spend the majority of time below 0.5 so I will say it was in the Lower half of channel.
That drop down to lower half happened in beginning July 2024 and it ranged low for another 70 days before making a sustained push higher.

Now come and look at the right side, current PA
We dropped down into the upper half of channel near the start of this yeat and we also spent 126 days in the upper half before PA dropped down to lower half, same as 2024. This happened in early June.
2024 was early July.
Should we spend 70 days ranging Lpw, as in 2024, we should see the beginnings of a sustained push higher in the very near future

You can also notice the 21 week SMA ( Orange) is also in a very similar position to 2024.

And just for reference, the significance of that channel ?

That Channel is the very same one that rejected PA twice in 2021.
These are strong trend lines here,,,,,

So, lets see what happens....One thing of CAUTION here is that in 2024, PA ROSE into this channel.
In 2026, PA Dropped into this channel after ATH.

Anything can happen here, PA can go in either direction.... but I do think something WILL happen.
Have a good Weekend...............