Hi @rick64 as @lexcorp mentioned you could draw the trendline...

Hi @rick64 as @lexcorp mentioned you could draw the trendline along the bottom of the candle wicks but also, in the last few days @valvesound has pointed out the ascending triangle formation that has occurred so for myself I focused on the SP staying within the confines of the ascending triangle and I've been quite happy. Any dip of a pip or two below this I treat simply as someone testing the possibility of stop-loss settings of other traders. Also, the two doji's (perhaps not perfect doji's due to the length of the wick), generally the doji I believe indicates a point of unknown direction and the next candle confirms which way the SP will continue which has been up as well as the breakout that occurred today to hit a new recent high of 6.1, keep in mind we are also expecting news of the China trip which will obviously give the SP a boost. Tomorrow's candle may indicate a new trend line to follow.

I'd also add that I believe we have a new line of support at around 5.3 - 5.4 although with the very low amount of sell down that has been occurring on this stock once we broke out of the triangle I don't believe it got sold anywhere under 5.9.



Ascending Triangle Guidelines
http://thepatternsite.com/at.html

Separating the Course of Sales also indicates the huge amount of buying over the sales. In fact, looking at the 15 minute chart (below), it seems that most of the 5.8 through 6 sells (ASKS) occurred during that afternoon cool down period where the SP held above 5.8 quite well. Note I've left out the .25 increments as I can't sell or buy these and they are minimal anyway.