Traders are watching this Ascending Triangle on AVY. Inspect the chart now.
Bullish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
AVY is showing interesting structural developments at $160.9. Currently at $160.9, the asset is showing upward momentum (3.67%). Algorithmically, a Ascending Triangle structure has completed. Volume is average (0.76x avg) with moderate trend strength (13.4). A potential breakout level is identified at $168.88, targeting $183.35 with support near $154.72 (R:R 1.02).
What is your outlook on AVY?