The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Sideways movement between parallel supports.
A clear signal has emerged for Henry Schein (HSIC) on the daily chart. The stock is trading at $85.47, up 1.11% on the day. Price action has carved out a classic Ascending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $89.34, targeting $100.06 with support near $83.19 (R:R 1.74).
What is your outlook on HSIC?