A clean Rectangle often precedes a big move. Validate your entry.
Sideways movement between parallel supports.
Bullish continuation pattern.
A clear signal has emerged for Nordson Corporation (NDSN) on the daily chart. The stock is trading at $295.92, up 1.96% on the day. Price action has carved out a classic Ascending Triangle. Volume is strong (2.84x avg) with moderate trend strength (13.5). A potential breakout level is identified at $297.99, targeting $325.72 with support near $278.36 (R:R 1.41).
What is your outlook on NDSN?