Live monitoring of the Ascending Triangle setup on MAA. See where price is heading.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Sideways movement between parallel supports.
MAA is showing interesting structural developments at $129.87. Currently at $129.87, the asset is showing downward momentum (-0.3%). Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.42x avg) with moderate trend strength (10.5). A potential breakout level is identified at $132.67, targeting $146.5 with support near $125.76 (R:R 2.0).
What is your outlook on MAA?