TEVA Double bottom and breakout at 6$ support or crash?

By Happygains
Taking trends from some record highs it looks like TEVA will either double bottom at the 6$ support with a descending wedge before a breakout or crash down around 60 cents before a wedge breakout on that support. Maybe too risky right now with lawsuit payments blocked and generic competition.
Chart PatternsswingTrend Analysis

Disclaimer