TRMB is showing a classic Double Bottom. Don't miss the move.
Reversal pattern after a downtrend.
Expanding volatility. Sign of instability.
Traders are watching Trimble Inc. (TRMB) as price action tightens. Price has moved to $55.85 (-0.22%) 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 $70.8, targeting $88.8 with support near $61.8 (R:R 2.0).
What is your outlook on TRMB?