Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Traders are watching Republic Services (RSG) as price action tightens. Currently at $223.19, the asset is showing upward momentum (1.15%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 1.6/100, suggesting moderate momentum. A potential breakout level is identified at $232.76, targeting $255.34 with support near $210.17 (R:R 1.0).
What is your outlook on RSG?