blr chart

1) Descending Triangle (Continuation) - Target is 20c.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_

2) Price by Volume - Good support 18 - 20c.
http://www.leavittbrothers.com/education/technical_analysis/overlay_indicators/price_by_volume.cfm

3) DMI- has crossed DMI+ from below, a sell signal 'if' the ADX rises 4. It's still falling.
"The longer that ADX has remained below both +DI and -DI the stronger the subsequent trend is likely to be." It's only been one week.
http://www.incrediblecharts.com/technical/directional_movement.htm

DYOR
Regards
Chalea