This is an ascending triangle which means to me that the bulls have more control. If you take a look at the weekly time frame you can see that there was a bullish movement for some weeks. The stochastic has just entered the oversold section and this could also be a confirmation. the 50 day sma was behaving like a support and the 200 sma could be the limit to the upward movement. Be careful of the resistance line drawn as well.