A clean Rectangle often precedes a big move. Validate your entry.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
PFG is showing interesting structural developments at $103.44. The stock is trading at $103.44, up 0.62% on the day. Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $103.44, targeting $121.94 with support near $94.2 (R:R 2.0).
What is your outlook on PFG?