Live monitoring of the Ascending Triangle setup on WRB. See where price is heading.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Traders are watching W. R. Berkley Corporation (WRB) as price action tightens. The stock is trading at $75.46, up 2.76% on the day. Price action has carved out a classic Rounding Bottom. Volume is average (0.72x avg) with moderate trend strength (32.2). A potential breakout level is identified at $75.69, targeting $89.08 with support near $69.0 (R:R 2.0).
What is your outlook on WRB?