Live monitoring of the Ascending Triangle setup on FE. See where price is heading.
Bullish continuation pattern.
Sideways movement between parallel supports.
FE is showing interesting structural developments at $51.31. Price has moved to $51.31 (0.69%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. Volume is average (0.68x avg) with moderate trend strength (2.3). A potential breakout level is identified at $52.29, targeting $56.38 with support near $48.2 (R:R 1.0).
What is your outlook on FE?