Momentum is building with this Ascending Triangle. See the live chart action.
Bullish continuation pattern.
Sideways movement between parallel supports.
Market participants tracking DaVita should note the latest formation. The stock is trading at $235.44, up 0.5% on the day. Algorithmically, a Ascending Triangle structure has completed. Volume is average (0.58x avg) with moderate trend strength (0.7). A potential breakout level is identified at $239.64, targeting $280.91 with support near $225.17 (R:R 2.85).
What is your outlook on DVA?