A clean Rising Wedge often precedes a big move. Validate your entry.
Reversal pattern. Price likely to break downwards.
Bullish continuation if preceding move was up.
Technical analysis of Gartner (IT) reveals a significant setup. Price has moved to $156.26 (-1.39%) amidst recent volatility. Algorithmically, a Bullish Flag structure has completed. Volume is average (0.27x avg) with moderate trend strength (18.7). A potential breakout level is identified at $164.56, targeting $196.23 with support near $140.56 (R:R 1.32).
What is your outlook on IT?