The Diamond is just one piece of the puzzle. See the full technical breakdown.
Indecision. Widening then narrowing range.
Traders are watching Smurfit Westrock (SW) as price action tightens. The stock is trading at $37.53, up 1.08% on the day. The primary technical feature is a Diamond formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $35.53, targeting $28.1 with support near $39.24 (R:R 2.0).
What is your outlook on SW?