Use advanced tools to confirm the Descending Triangle on PNC before you trade.
Bearish continuation pattern.
Consolidation. Can break either way.
Traders are watching PNC Financial Services (PNC) as price action tightens. Currently at $211.7, the asset is showing upward momentum (1.18%). Price action has carved out a classic Descending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $197.56, targeting $161.57 with support near $211.91 (R:R 2.51).
What is your outlook on PNC?