The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Bearish continuation if preceding move was down.
CHRW is showing interesting structural developments at $167.84. Price has moved to $167.84 (-0.39%) amidst recent volatility. Algorithmically, a Bearish Flag structure has completed. The trend indicator is reading 4.5/100, suggesting moderate momentum. A potential breakout level is identified at $160.45, targeting $106.65 with support near $172.85 (R:R 4.34).
What is your outlook on CHRW?