Traders are watching this Ascending Triangle on ALL. Inspect the chart now.
Bullish continuation pattern.
Market participants tracking Allstate should note the latest formation. Price has moved to $259.97 (2.14%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $260.62, targeting $302.96 with support near $236.22 (R:R 1.73).
What is your outlook on ALL?