Momentum is building with this Rounding Bottom. See the live chart action.
Gradual reversal from bearish to bullish.
Reversal pattern after a downtrend.
Market participants tracking IQVIA should note the latest formation. The stock is trading at $167.77, down 1.7% on the day. Price action has carved out a classic Double Bottom. Volume is strong (2.12x avg) with moderate trend strength (32.7). A potential breakout level is identified at $190.68, targeting $219.61 with support near $176.21 (R:R 2.0).
What is your outlook on IQV?