Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
A clear signal has emerged for GE Vernova (GEV) on the daily chart. Currently at $898.57, the asset is showing upward momentum (0.42%). The primary technical feature is a Ascending Triangle formation. The trend indicator is reading 26.2/100, suggesting moderate momentum. A potential breakout level is identified at $948.38, targeting $1120.23 with support near $807.0 (R:R 1.22).
What is your outlook on GEV?