Live monitoring of the Rising Wedge setup on CARR. See where price is heading.
Reversal pattern. Price likely to break downwards.
Gradual reversal from bearish to bullish.
Traders are watching Carrier Global (CARR) as price action tightens. With a last close of $62.89, volatility remains active (-1.1%). Our AI has detected a valid Rounding Bottom pattern. Volume is average (1.08x avg) with moderate trend strength (24.2). A potential breakout level is identified at $68.79, targeting $84.01 with support near $61.19 (R:R 2.0).
What is your outlook on CARR?