Live monitoring of the Rounding Bottom setup on PRU. See where price is heading.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Consolidation. Can break either way.
Technical analysis of Prudential Financial (PRU) reveals a significant setup. Price has moved to $97.58 (-0.41%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.71x avg) with moderate trend strength (39.0). A potential breakout level is identified at $104.0, targeting $116.11 with support near $97.94 (R:R 2.0).
What is your outlook on PRU?