The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bearish continuation pattern.
CHTR is showing interesting structural developments at $215.57. Currently at $215.57, the asset is showing downward momentum (-4.74%). The primary technical feature is a Descending Triangle formation. The trend indicator is reading 4.7/100, suggesting moderate momentum. A potential breakout level is identified at $208.33, targeting $180.06 with support near $227.73 (R:R 1.46).
What is your outlook on CHTR?