Traders are watching this Descending Triangle on AOS. Inspect the chart now.
Bearish continuation pattern.
AOS is showing interesting structural developments at $64.35. The stock is trading at $64.35, down 1.12% on the day. The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $63.28, targeting $47.37 with support near $67.18 (R:R 4.08).
What is your outlook on AOS?