The 3rd time I've seen this.I have seen 2 bearish and 1 bullish chart patterns flagged by Investors Edge. The first one was flagged in May - A top Triangle followed by a downside breakout with targets in the 2.20-1.90 range. The second one was a bottom triangle/continuation wedge in Sept with a target of 3.90, and the 3rd one was a double top this week with a 35 day target of 2.89-2.79.
It seems like each pattern was confirmed, and each time it hit the target it quickly bounced off and started a reversal. Today it hit 2.78 and rebounded 17 cents in less than 10 minutes.