Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
EIX is showing interesting structural developments at $79.75. With a last close of $79.75, volatility remains active (0.14%). The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $80.9, targeting $92.09 with support near $75.04 (R:R 1.91).
What is your outlook on EIX?