A clean Falling Wedge often precedes a big move. Validate your entry.
Reversal pattern. Price likely to break upwards.
AZO is showing interesting structural developments at $3446.7. The stock is trading at $3446.7, up 0.8% on the day. Algorithmically, a Falling Wedge structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $3561.16, targeting $3729.82 with support near $3280.0 (R:R 0.6).
What is your outlook on AZO?