Bounce to $166 before continuing the descending channel?

Bullish Signs:

• Bullish divergence on the RSI
  
• Bullish divergence on the MACD
  
• Double bottom potential (could bounce in that range though)
  

Bearish Signs:

• In descending channel
  
• Breakout from rising wedge
  
• Weak pullback to the wedge
  

Not a strong short term play, would classify this as risky if you want to play the short term upside. Less risky playing the middle/long term downside.