A key Ascending Triangle has formed on FITB. Analyze the breakout level now.
Bullish continuation pattern.
Market participants tracking Fifth Third Bancorp should note the latest formation. The stock is trading at $52.67, down 0.93% on the day. Algorithmically, a **Ascending Triangle** structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$55.44**, targeting **$64.31** with support near **$49.42** (R:R 1.47).
What is your outlook on FITB?