Well this time you drew the correct trend lines on it. Yes there is a wedge formation ... also called an ascending triangle. Which if you do your research a little more, is considered a very bullish Pattern when we hit the apex of the triangle. However is not a 100% bullish pattern. Calls for a close watch on the stock. One thing you need to remember here. News trumps charts in penny land.
Dont give your Pearls to swine. If you dont know what this means, you shouldnt be in the stock market. All CEOs lie. Catching them in it is the fun part.