Technical indicators signal a Rectangle forming. Verify the setup on the chart.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Church & Dwight (CHD) on the daily chart. Currently at $95.61, the asset is showing downward momentum (-0.53%). The primary technical feature is a Ascending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $100.29, targeting $110.83 with support near $89.76 (R:R 1.0).
What is your outlook on CHD?