Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
Market participants tracking Leidos should note the latest formation. Currently at $114.37, the asset is showing downward momentum (-3.37%). Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $119.18, targeting $139.5 with support near $109.02 (R:R 2.0).
What is your outlook on LDOS?