Watch the Ascending Triangle on OKE closely. Trade with professional charting tools.
Bullish continuation pattern.
Market participants tracking Oneok should note the latest formation. The stock is trading at $88.3, up 1.08% on the day. The primary technical feature is a Ascending Triangle formation. The trend indicator is reading 17.3/100, suggesting moderate momentum. A potential breakout level is identified at $95.3, targeting $110.87 with support near $86.07 (R:R 1.69).
What is your outlook on OKE?