Use advanced tools to confirm the Ascending Triangle on WAT before you trade.
Bullish continuation pattern.
Sideways movement between parallel supports.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Technical analysis of Waters Corporation (WAT) reveals a significant setup. With a last close of $374.68, volatility remains active (-2.02%). The primary technical feature is a Bullish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $389.99, targeting $492.79 with support near $345.21 (R:R 2.3).
What is your outlook on WAT?