The Bearish Flag is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation if preceding move was down.
Market participants tracking CoStar Group should note the latest formation. With a last close of $27.66, volatility remains active (1.92%). Algorithmically, a Bearish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $26.68, targeting $16.83 with support near $31.01 (R:R 2.27).
What is your outlook on CSGP?