A clean Rounding Bottom often precedes a big move. Validate your entry.
Gradual reversal from bearish to bullish.
Technical analysis of CF Industries (CF) reveals a significant setup. Currently at $94.82, the asset is showing upward momentum (0.7%). Price action has carved out a classic **Rounding Bottom**. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$97.91**, targeting **$120.4** with support near **$86.67** (R:R 2.0).
What is your outlook on CF?