I presume you're looking at the last three days. The upper trend is not flat, as is needed for an ascending triangle, it's descending, and the result is more of a symmetical triangle. A breakout to the top could mean a continuation, a breakout to the bottom could result in a reversal. Given the extreme swing in price last week, and lack of fundamentals to support it, my money is on the later.
Teacher Arrested at JFK
A public school teacher was arrested today at John F. Kennedy International airport this morning as he attempted to board a flight while in possession of a ruler, a protractor, a compass, a slide-rule and a calculator. At a press conference just before noon today, Attorney General Eric Holder said he believes the man is a member of the notorious Al-Gebra movement. Although he did not identify the man, he confirmed the man has been charged by the FBI with carrying weapons of math instruction.
‘Al-Gebra is a problem for us’, the Attorney General said. ‘They derive solutions by means and extremes, and sometimes go off on tangents in search of absolute values.’ They use secret code names like “X” and “Y” and refer to themselves as “unknowns” but we have determined that they belong to a common denominator of the axis of medieval with coordinates in every country. As the Greek philosopher Isosceles used to say, “There are 3 sides to every triangle.” The Attorney General went on to say “Teaching our children sentient thought processes and equipping them to solve problems is dangerous and puts our government at risk.”
I've read that in China, I think under Mao, they killed people who wore glasses because they thought that meant the people could read.
This sort of stuff explains why we have a centralized education system in the US with the results being that our standings in the world have continually declined since it went into effect in 1980.
the AG said, "If God had wanted us to have better weapons of math instruction, he would have given us more fingers and toes. I am gratified that our government has given us a sine that it is intent on protracting us from these math-dogs who are willing to disintegrate us with calculus disregard. Murky statisticians love to inflict plane on every sphere of influence," the AG continued, adding: "Under the circumferences, we must differentiate their root, make our point, and draw the line."
(I did not write this. This joke has been going around for several years! It's still punny every time!)