The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Traders are watching State Street Corporation (STT) as price action tightens. Price has moved to $128.8 (0.43%) amidst recent volatility. The primary technical feature is a Rounding Bottom formation. The trend indicator is reading 40.4/100, suggesting moderate momentum. A potential breakout level is identified at $133.11, targeting $150.84 with support near $124.24 (R:R 2.0).
What is your outlook on STT?