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.
RSG is showing interesting structural developments at $216.91. With a last close of $216.91, volatility remains active (-0.23%). The primary technical feature is a Ascending Triangle formation. Volume is average (0.9x avg) with moderate trend strength (5.5). A potential breakout level is identified at $228.22, targeting $253.88 with support near $213.8 (R:R 1.78).
What is your outlook on RSG?