A key Ascending Triangle has formed on CDW. Analyze the breakout level now.
Bullish continuation pattern.
Technical analysis of CDW Corporation (CDW) reveals a significant setup. Price has moved to $133.82 (2.8%) amidst recent volatility. Algorithmically, a Ascending Triangle structure has completed. The trend indicator is reading 0.9/100, suggesting moderate momentum. A potential breakout level is identified at $145.8, targeting $168.51 with support near $127.39 (R:R 1.23).
What is your outlook on CDW?