Live monitoring of the Double Bottom setup on PSX. See where price is heading.
Reversal pattern after a downtrend.
Technical analysis of Phillips 66 (PSX) reveals a significant setup. The stock is trading at $158.76, down 1.02% on the day. Our AI has detected a valid Double Bottom pattern. The trend indicator is reading 56.3/100, suggesting moderate momentum. A potential breakout level is identified at $190.61, targeting $224.98 with support near $173.43 (R:R 2.0).
What is your outlook on PSX?