RE: TA?I also am no expert but the flagpole should be near vertical on the chart which it isn't IMO. Also, what usually busts the pennant is news...good news...like we had yesterday. Didn't happen, could be due to softness in the silver market though.
I think we are seeing a stock slowing down, relaxing into a nice consolidation phase which is building a new low.
In fact, it looks to me like we are working towards the bottom of a VERY well defined upchannel, we may consolidate for several more days, hit the baseline and rocket up again.
JMHO, Opa.