yes, I take my last post back as there are 2 triangles. Do a search on triangles and you will find my original post (Symmetrical Continuation Triangle Bearish Chart Pattern). The first triangle is a line drawn from the $2.25 low on an angle through several points on an angle upward to the right. It was just broken at $2.71. Now we are approaching the triangle that you are talking about that I called mistakenly a head and shoulders. It is really a triangle like you say, but we both are saying $2.50 is a point of high resistance that may get broken. You are right.
ya i see u posted that way before me, but i think that ur triangle hasnt broken yet. looks like it could be a false breakout. i really thought she would close above 2.71 today. Also, looks like the 3rd wave in the down trend is over and still low volume. to me it looks like a false breakout. but if volume does pick up and it is confirmed the 2.50 zone is definatly at risk. guess well see how it plays out on monday.