Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
FRT is showing interesting structural developments at $126.08. Price has moved to $126.08 (1.0%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 49.0/100, suggesting moderate momentum. A potential breakout level is identified at $126.86, targeting $134.78 with support near $121.06 (R:R 1.37).
What is your outlook on FRT?