Live monitoring of the Double Bottom setup on PWR. See where price is heading.
Reversal pattern after a downtrend.
PWR is showing interesting structural developments at $561.14. The stock is trading at $561.14, down 4.63% on the day. Price action has carved out a classic Double Bottom. This setup is supported by strong volume turnover. A potential breakout level is identified at $742.62, targeting $931.11 with support near $648.37 (R:R 2.0).
What is your outlook on PWR?