Live monitoring of the Bullish Flag setup on CARR. See where price is heading.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Market participants tracking Carrier Global should note the latest formation. Price has moved to $68.88 (-0.39%) amidst recent volatility. The primary technical feature is a Bullish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $70.65, targeting $86.57 with support near $65.84 (R:R 3.31).
What is your outlook on CARR?