Watch the Ascending Triangle on CPT closely. Trade with professional charting tools.
Bullish continuation pattern.
Consolidation. Can break either way.
CPT is showing interesting structural developments at $113.73. Price has moved to $113.73 (0.79%) amidst recent volatility. The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $119.81, targeting $132.63 with support near $111.47 (R:R 1.54).
What is your outlook on CPT?