EXR is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Traders are watching Extra Space Storage (EXR) as price action tightens. The stock is trading at $133.86, up 1.03% on the day. The primary technical feature is a Falling Wedge formation. The trend indicator is reading 27.3/100, suggesting moderate momentum. A potential breakout level is identified at $136.07, targeting $153.41 with support near $127.65 (R:R 2.06).
What is your outlook on EXR?