Traders are watching this Ascending Triangle on GOOGL. Inspect the chart now.
Bullish continuation pattern.
GOOGL is showing interesting structural developments at $368.03. Currently at $368.03, the asset is showing upward momentum (1.17%). The primary technical feature is a Ascending Triangle formation. This setup is supported by strong volume turnover. A potential breakout level is identified at $408.37, targeting $470.37 with support near $346.36 (R:R 1.0).
What is your outlook on GOOGL?