Will the Descending Triangle hold or fail? Plot your targets on the chart.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Market participants tracking GE HealthCare should note the latest formation. With a last close of $80.39, volatility remains active (2.21%). Algorithmically, a **Bearish Flag** structure has completed. The trend indicator is reading 0.9/100, suggesting moderate momentum. A potential breakout level is identified at **$76.66**, targeting **$56.93** with support near **$83.98** (R:R 2.69).
What is your outlook on GEHC?