A clean Falling Wedge often precedes a big move. Validate your entry.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for Broadridge Financial Solutions (BR) on the daily chart. With a last close of $160.93, volatility remains active (0.59%). The primary technical feature is a Double Bottom formation. This setup is supported by average volume turnover. A potential breakout level is identified at $196.3, targeting $237.06 with support near $175.92 (R:R 2.0).
What is your outlook on BR?