Traders are watching this Descending Triangle on TER. Inspect the chart now.
Bearish continuation pattern.
TER is showing interesting structural developments at $349.92. The stock is trading at $349.92, down 6.38% on the day. The primary technical feature is a Descending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $296.82, targeting $105.73 with support near $379.19 (R:R 2.32).
What is your outlook on TER?