Live monitoring of the Ascending Triangle setup on EVRG. See where price is heading.
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 Evergy should note the latest formation. Price has moved to $82.84 (0.68%) amidst recent volatility. Price action has carved out a classic Bullish Flag. Volume is average (0.47x avg) with moderate trend strength (2.3). A potential breakout level is identified at $83.86, targeting $96.96 with support near $79.78 (R:R 3.21).
What is your outlook on EVRG?