Watch the Rectangle on CPT closely. Trade with professional charting tools.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Bullish continuation if preceding move was up.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Technical analysis of Camden Property Trust (CPT) reveals a significant setup. With a last close of $105.15, volatility remains active (-1.07%). The primary technical feature is a Bullish Flag formation. The trend indicator is reading 6.5/100, suggesting moderate momentum. A potential breakout level is identified at $107.29, targeting $121.5 with support near $102.51 (R:R 2.97).
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