The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
Market participants tracking DTE Energy should note the latest formation. Currently at $148.04, the asset is showing upward momentum (0.63%). Price action has carved out a classic Bullish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $150.69, targeting $177.4 with support near $142.46 (R:R 3.25).
What is your outlook on DTE?