The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Sideways movement between parallel supports.
A clear signal has emerged for Southern Company (SO) on the daily chart. Currently at $97.25, the asset is showing upward momentum (0.67%). Our AI has detected a valid Ascending Triangle pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $99.26, targeting $106.21 with support near $93.21 (R:R 1.15).
What is your outlook on SO?