HBAN is showing a classic Descending Triangle. Don't miss the move.
Bearish continuation pattern.
Traders are watching Huntington Bancshares (HBAN) as price action tightens. The stock is trading at $15.79, down 0.57% on the day. Price action has carved out a classic Descending Triangle. The trend indicator is reading 31.0/100, suggesting moderate momentum. A potential breakout level is identified at $14.89, targeting $11.83 with support near $16.04 (R:R 2.66).
What is your outlook on HBAN?