Bull Warrior Stocks

[pennies2007]

Only if higher volume moves in. What needed to happen on any retrace is for the price to close above the top trend line on the triangle formation. Instead, it fell right back into the pattern again.

If the RSI(14) can stay at 45 or above accompanied by good volume, it could move back up. But, if it closes below that bottom trend line, down she goes.

I'd say at this point we would need two good consecutive green days above the top trend line to confirm a bullish breakout.