Textbook trade setup on NCM charts., page-55

Perplexing isn't it. A couple of uninformed ideas from me.

Rising exchange rate not helping at all
Concern that POG cannot continue on it's merry way - remember that SP is said to be forward looking.
Nervousness about annual accounts to be release next week and what the forward guidance may be.
Is NCM going to make use of the funds they have to make another purchase/s at what other posters on various threads have described as silly/absurd/ridiculous levels (all my words) but you get the idea.
Small pullbacks in POG spooking some holders who are sitting on substantial gains, perhaps those gains from SPP, and taking those profits - circa $10 a share in a couple of months is pretty good.
Trailing stops being hit

What are your thoughts please?