A clean Rectangle often precedes a big move. Validate your entry.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
Market participants tracking NiSource should note the latest formation. Currently at $47.8, the asset is showing upward momentum (1.66%). Price action has carved out a classic Ascending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $48.98, targeting $51.8 with support near $46.16 (R:R 1.0).
What is your outlook on NI?