Watch the Rounding Bottom on TPR closely. Trade with professional charting tools.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Consolidation. Can break either way.
Sideways movement between parallel supports.
TPR is showing interesting structural developments at $141.2. Price has moved to $141.2 (-2.18%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $161.54, targeting $199.1 with support near $142.76 (R:R 2.0).
What is your outlook on TPR?