Descending TriangleThe descending triangle is a bearish...

Descending Triangle

The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Regardless of where they form, descending triangles are bearish patterns that indicate distribution.

It is interesting the Hunter Hall have been accumulating recently, as ITE is definately in a descending triangle atm.
Question is, once the placement is done and dusted and there is no further reason to prop the SP at 14c... could she go lower?

Ignoring FA (which is valid if the sales pipeline does not start to show drastic/sudden improvement), strict TA say she most definatley will.

However, whilst being a strong believer in TA, I readily acknowledge that anything could happend with ITE.

The tech acquisitions game has been ratcheted up in the past few weeks, it seems a matter of time before bigger fish start jumping at companies that are gaining market share... their P&L aside.
Just IMO.