A key Descending Triangle has formed on DASH. Analyze the breakout level now.
Bearish continuation pattern.
Market participants tracking Dash should note the latest formation. The stock is trading at $32.21, down 2.04% on the day. Algorithmically, a Descending Triangle structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $31.79, targeting $26.36 with support near $35.49 (R:R 1.47).
What is your outlook on DASH?