Technical indicators signal a Descending Triangle forming. Verify the setup on the chart.
Bearish continuation pattern.
IDXX is showing interesting structural developments at $551.21. Currently at $551.21, the asset is showing downward momentum (-0.43%). Algorithmically, a Descending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $523.38, targeting $452.24 with support near $572.2 (R:R 1.46).
What is your outlook on IDXX?