CDW

CDW CorporationTechnology

$106.18-0.03%

Double Bottom Falling Wedge Broadening Formation

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$106.18

MARAPRMAY

Double Bottom Detected

A key Double Bottom has formed on CDW. Analyze the breakout level now.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$143.64

Stop

$120.38

Target

$190.16

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Broadening Formation

Expanding volatility. Sign of instability.

Market Analysis

Technical analysis of CDW Corporation (CDW) reveals a significant setup. Price has moved to $106.18 (-0.03%) amidst recent volatility. The primary technical feature is a Double Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $143.64, targeting $190.16 with support near $120.38 (R:R 2.0).

Community Sentiment

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