See how the Bearish Flag is playing out for VLTO. View live chart.
Bearish continuation if preceding move was down.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Bearish continuation pattern.
Traders are watching Veralto (VLTO) as price action tightens. Currently at $85.77, the asset is showing downward momentum (-0.49%). Price action has carved out a classic Bearish Flag. Volume is average (0.63x avg) with moderate trend strength (17.1). A potential breakout level is identified at $84.45, targeting $70.97 with support near $87.76 (R:R 4.07).
What is your outlook on VLTO?