Traders are watching this Rectangle on NWSA. Inspect the chart now.
Sideways movement between parallel supports.
Bullish continuation pattern.
A clear signal has emerged for News Corp (Class A) (NWSA) on the daily chart. Currently at $26.28, the asset is showing upward momentum (2.0%). Algorithmically, a Ascending Triangle structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $27.73, targeting $31.06 with support near $25.58 (R:R 1.55).
What is your outlook on NWSA?