Double Top or Double Bottom?

[#1]

It would seem as though a short-term double top pattern has formed. Is this a bearsh signal or just INL playing mind games?

[venice]

First thing remember a double top occurs at the end of an uptrend where there aren't enough buyers to drive the price up to make a new high and the high that forms is at or lower than the previous but volume is less. A double bottom is the opposite that occurs in a down trend. As this share is in a down trend and is trading sideways if I was forced to classify this pattern it would be a symmetrical triangle which is neither bullish or bearish. Nice way of saying that the share is consolidating at this level and is neither a short or long until it takes out the high or low of last week with good volume.