welcome to the world of non windows implemented charting. AZZ is ascending the small green fork, within the confines of the larger red and blue forks. The blue fork represents a consolidation phase, within an overall downtrend (red). I would be looking for this one to go to the top blue line, then consolidate at the blue ML before it breaks out of that longer term down influence.
As always, watch which line it breaks, and which line it respects. It will tell you what it wants to do.
If you are concerned about that break down from the red fork, don't be. There is a clear gap down, then during the back test it broke straight back up, no hesitation, then convincingly demonstrated that line as support.
