The Bearish Flag is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation if preceding move was down.
Indecision. Widening then narrowing range.
A clear signal has emerged for CoStar Group (CSGP) on the daily chart. The stock is trading at $34.14, up 0.38% on the day. Price action has carved out a classic Diamond. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $31.36, targeting $21.69 with support near $36.19 (R:R 2.0).
What is your outlook on CSGP?