What more do I have to say. Wait for breakout of the triangle zone and go with it. Happy trading.
Wooo good catch... This is one confused chart, record profits last quarter, with nearly infinite lawsuits proceeding due to oil spill. There is more of an uptrend than down, take it from 2011, and you'll see resistance at $44-$45, but an uptrend on the lows. I suspect it will break out to the upside.