Will the Symmetrical Triangle hold or fail? Plot your targets on the chart.
Consolidation. Can break either way.
Sideways movement between parallel supports.
Bullish continuation pattern.
Technical analysis of Linde plc (LIN) reveals a significant setup. The stock is trading at $515.59, up 2.72% on the day. The primary technical feature is a Ascending Triangle formation. Volume is strong (1.28x avg) with moderate trend strength (16.8). A potential breakout level is identified at $519.64, targeting $551.93 with support near $487.34 (R:R 1.0).
What is your outlook on LIN?