Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
A clear signal has emerged for Iron Mountain (IRM) on the daily chart. The stock is trading at $128.31, up 3.02% on the day. The primary technical feature is a Ascending Triangle formation. The trend indicator is reading 60.9/100, suggesting high momentum. A potential breakout level is identified at $134.68, targeting $155.03 with support near $118.66 (R:R 1.27).
What is your outlook on IRM?