EXE is showing a classic Rectangle. Don't miss the move.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
Market participants tracking Expand Energy should note the latest formation. Price has moved to $97.94 (-0.92%) amidst recent volatility. The primary technical feature is a Bearish Flag formation. Volume is average (0.31x avg) with moderate trend strength (9.3). A potential breakout level is identified at $94.06, targeting $73.13 with support near $100.95 (R:R 3.04).
What is your outlook on EXE?