Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
Consolidation. Can break either way.
FRT is showing interesting structural developments at $106.79. The stock is trading at $106.79, up 0.69% on the day. Algorithmically, a Ascending Triangle structure has completed. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $109.71, targeting $118.27 with support near $101.15 (R:R 1.0).
What is your outlook on FRT?