CXN is in the process of forming a descending triangle.Support...

CXN is in the process of forming a descending triangle.

Support here is at 5 cents.

By drawing a descending diagonal line thru the closing highs on the 19/03 and the 01/04 we will see in the very near future that this has to break out one way or another.

It will either break support of 5 cents and fall thru the floor or it will break to the other side of the descending line and break out....

Certainly will move one way or another in the near future....


Cheers