TXT is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Sideways movement between parallel supports.
Market participants tracking Textron should note the latest formation. Currently at $95.53, the asset is showing upward momentum (2.51%). Price action has carved out a classic Ascending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $95.99, targeting $106.04 with support near $88.25 (R:R 1.3).
What is your outlook on TXT?