Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
FERG is showing interesting structural developments at $253.37. The stock is trading at $253.37, down 0.74% on the day. Algorithmically, a Ascending Triangle structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $258.92, targeting $299.3 with support near $222.48 (R:R 1.11).
What is your outlook on FERG?