A good oneWell, I think that right now it may break out of the down trend but the indicators are in an area where I do not to trade in. The stock may very well break the current formation that looks like a
Bull Flag, but the real reason why I bring this one up is for the nice intraday swings it has had recently. So its more of a heads up to the day traders out there than to the swing traders.
If you look at the intraday chart below, you can see it has had some good swings during the day. Plotting an intraday chart is no different than plotting a daily chart. You try to identify support / resistance, trend lines and volume triggers. Remember, the bars are what makes up the stock's story, be it on an intraday chart or daily chart. If you've identified a pattern that you want to trade on an intraday chart, it most likely will not be on the daily chart because it's a different timeframe. What is important is that you do not change your timeframe for your entries, exits and pattern identification. If you're looking at a intraday chart, then you are playing the day trader game and should stick with that timeframe. If you're looking at a daily chart for a swing trade opportunity, then stick with that timeframe.
See charts here https://us1.campaign-archive2.com/?u=4d6d491aea8e01d93d8a1f390&id=bed418ae1b#FMS
Cheers!