BP stock still falling? Hmmmm, wonder why....

BP's stock started forming a descending triangle on JUN 3. At point 1, BP found support at $29 even and then continued its tightening. At point 2, we got a close below the low of the triangle support. This gave us a clue as to where the next move was. As in most descnding triangles, the move is downard but you have to wait for confirmation. I initiated a position at the end of JUN 24 when I saw the close would be below $29. That put is now up 42% in 2 days. BP opened higher today but the bears pushed it back down. I still think there is more downside on this. Not too hard to come to that conclsusion becasue: IT'S STILL LEAKING LOSERS!!!!!!!