Watch the Ascending Triangle on EQR closely. Trade with professional charting tools.
Bullish continuation pattern.
Consolidation. Can break either way.
Reversal pattern. Price likely to break downwards.
EQR is showing interesting structural developments at $67.86. Currently at $67.86, the asset is showing downward momentum (-0.62%). Algorithmically, a Ascending Triangle structure has completed. The trend indicator is reading 22.4/100, suggesting moderate momentum. A potential breakout level is identified at $71.5, targeting $80.03 with support near $67.49 (R:R 2.13).
What is your outlook on EQR?