Momentum is building with this Rounding Bottom. See the live chart action.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Synchrony Financial (SYF) on the daily chart. With a last close of $68.42, volatility remains active (0.15%). Price action has carved out a classic Rounding Bottom. Volume is average (0.71x avg) with moderate trend strength (50.5). A potential breakout level is identified at $74.81, targeting $86.54 with support near $68.94 (R:R 2.0).
What is your outlook on SYF?