Live monitoring of the Diamond setup on PWR. See where price is heading.
Indecision. Widening then narrowing range.
Gradual reversal from bearish to bullish.
Market participants tracking Quanta Services should note the latest formation. With a last close of $691.95, volatility remains active (-0.27%). The primary technical feature is a Diamond formation. The trend indicator is reading 14.8/100, suggesting moderate momentum. A potential breakout level is identified at $788.75, targeting $962.98 with support near $701.64 (R:R 2.0).
What is your outlook on PWR?