Traders are watching this Descending Triangle on AIZ. Inspect the chart now.
Bearish continuation pattern.
Sideways movement between parallel supports.
Traders are watching Assurant (AIZ) as price action tightens. The stock is trading at $218.26, up 0.89% on the day. Price action has carved out a classic Descending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $210.44, targeting $185.38 with support near $222.0 (R:R 2.17).
What is your outlook on AIZ?