Live monitoring of the Ascending Triangle setup on PSA. See where price is heading.
Bullish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Market participants tracking Public Storage should note the latest formation. Currently at $322.48, the asset is showing upward momentum (2.37%). Algorithmically, a Ascending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $330.81, targeting $354.06 with support near $307.56 (R:R 1.0).
What is your outlook on PSA?