$MTCH has experienced a long downtrend that appears to have ended for now, the price action has broken out of the larger yellow parallel down trend and it is also just testing the tops of the smaller channel now to break out....I need to see more to evaluate whether we are in an impulse wave or corrective wave.
I have counted a corrective wave as the pull back was very short and in line with what I'd expect to see from a corrective wave.