Hi Danna,
I am looking, looking,can't see a ascending triangle anywhere hmmm?
Maybe you mean a symmetrical triangle?
If you look at the chart below Is this what you are talking about?
If so it is a symmetrical triangle.
The 2 high's are questionable imo and there still must be another low imo, then which way is it going to break?
It do's appear to be making a Rounded Bottom though.
Cheers Pete.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
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flinders diamonds limited
ascending triangle, page-2
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