Momentum is building with this Descending Triangle. See the live chart action.
Bearish continuation pattern.
Consolidation. Can break either way.
Sideways movement between parallel supports.
HUBB is showing interesting structural developments at $494.25. With a last close of $494.25, volatility remains active (-1.23%). The primary technical feature is a Descending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $457.6, targeting $383.44 with support near $511.59 (R:R 1.37).
What is your outlook on HUBB?