Use advanced tools to confirm the Rectangle on PNC before you trade.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bullish continuation pattern.
A clear signal has emerged for PNC Financial Services (PNC) on the daily chart. The stock is trading at $216.82, up 0.0% on the day. Algorithmically, a Rounding Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $230.25, targeting $264.45 with support near $213.15 (R:R 2.0).
What is your outlook on PNC?