Technical indicators signal a Rectangle forming. Verify the setup on the chart.
Sideways movement between parallel supports.
Bullish continuation pattern.
FOX is showing interesting structural developments at $57.84. Price has moved to $57.84 (0.8%) amidst recent volatility. The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $61.58, targeting $68.78 with support near $55.64 (R:R 1.21).
What is your outlook on FOX?