Live monitoring of the Ascending Triangle setup on PWR. See where price is heading.
Bullish continuation pattern.
Sideways movement between parallel supports.
A clear signal has emerged for Quanta Services (PWR) on the daily chart. Price has moved to $560.63 (0.09%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. Volume is average (0.78x avg) with moderate trend strength (1.1). A potential breakout level is identified at $583.62, targeting $645.3 with support near $521.93 (R:R 1.0).
What is your outlook on PWR?