The clown you're engaging is for amusement purposes only. If he's worth his salt, he can explain the significance of 2.9**3** (previous day's high does not TA make) and why closing above there was the tell Monday, and continuation on volume today confirmation.
Otherwise, he's just your run-of-the-mill T W 4 T.
It looks like the 2 year downward trendline that breakouts stop at to me is at about 2.80 now. Guess if AMSC can break $3 today, or hold above 2.80 over the next couple of days.......you will find the long term downward movement to be over?