The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
Technical analysis of Darden Restaurants (DRI) reveals a significant setup. With a last close of $198.74, volatility remains active (0.74%). Price action has carved out a classic Ascending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $204.55, targeting $222.19 with support near $189.97 (R:R 1.21).
What is your outlook on DRI?