The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Traders are watching M&T Bank (MTB) as price action tightens. Currently at $249.6, the asset is showing upward momentum (1.48%). The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $255.0, targeting $308.56 with support near $228.22 (R:R 2.0).
What is your outlook on MTB?