So I am looking at a PEP stock going long. I have been able to draw a trendline with 4 lows that have touched the line and popped back up. This line has been drawn since april. The fourth low has popped up and made a new high and has now come back down to the trendline. I was initially waiting for a candle bar type which touched the trendline the previous 4 times. Instead price went right through the line slightly and for the past 5 days price has just traded below and above the line closely clustered together. When I look at the chart I see that people are somewhat unsure of where to take the price. So does anybody have any tips they could share? Should I wait till price has broken out of the cluster or should I just find something else to trade?