Will the Falling Wedge hold or fail? Plot your targets on the chart.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
Technical analysis of Leidos (LDOS) reveals a significant setup. With a last close of $158.82, volatility remains active (1.8%). Price action has carved out a classic Double Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $180.68, targeting $208.62 with support near $166.71 (R:R 2.0).
What is your outlook on LDOS?