A key Bearish Flag has formed on GPN. Analyze the breakout level now.
Bearish continuation if preceding move was down.
Indecision. Widening then narrowing range.
Market participants tracking Global Payments should note the latest formation. With a last close of $68.6, volatility remains active (0.68%). The primary technical feature is a Diamond formation. This setup is supported by average volume turnover. A potential breakout level is identified at $62.45, targeting $45.84 with support near $70.76 (R:R 2.0).
What is your outlook on GPN?