Use advanced tools to confirm the Rising Wedge on PLD before you trade.
Reversal pattern. Price likely to break downwards.
Bullish continuation if preceding move was up.
A clear signal has emerged for Prologis (PLD) on the daily chart. Price has moved to $145.47 (-1.12%) amidst recent volatility. Price action has carved out a classic Bullish Flag. The trend indicator is reading 16.4/100, suggesting moderate momentum. A potential breakout level is identified at $153.35, targeting $171.6 with support near $142.32 (R:R 1.65).
What is your outlook on PLD?