DEG 1.46% $1.39 de grey mining limited

I’m not really a technical analyst but saw this triangle...

  1. 7 Posts.
    https://hotcopper.com.au/data/attachments/6470/6470586-dcd8e4938bd30aeb230b19117e312f93.jpg
    I’m not really a technical analyst but saw this triangle pattern, is this a valid pattern? If so then it could be confirmed once it breaks that upper resistance line.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.