HBAN is showing a classic Descending Triangle. Don't miss the move.
Bearish continuation pattern.
Consolidation. Can break either way.
Traders are watching Huntington Bancshares (HBAN) as price action tightens. With a last close of $16.84, volatility remains active (-2.66%). Price action has carved out a classic Descending Triangle. Volume is average (1.19x avg) with moderate trend strength (27.2). A potential breakout level is identified at $16.74, targeting $14.9 with support near $18.58 (R:R 1.0).
What is your outlook on HBAN?