Sunvic - Head & Shoulder pattern completed?

Sunvic has displayed a head & shoulder pattern over the past weeks. Based on the head and neckline, the price pattern seems to have completed its course when it tested the low around $0.71.

However, the price pattern continues to trend within the downward channel, and thus it is unlikely for Sunvic to have any bullish breakout in the short term. MACD (not in this chart) is still trending down.

Sunvic - Resistance at $0.82

Despite in a 'XD' status, Sunvic continues to display bullish tendency. The short term EMA is still higher than the long term EMA. Based on the chart below, Sunvic is moving within an upward trending channel.

However, it is hitting its recent high of $0.82 which will be a major resistance. There is further room for growth since the RSI is still in a neutral region while the price is trending upwards. It is likely to break the $0.82 since there is major buy up (seen from the volume distribution chart).

P.S. Vested interest after post - at $0.84 since the resistance of $0.82 was broken with strength.