Will the Bullish Flag hold or fail? Plot your targets on the chart.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Bullish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
OTIS is showing interesting structural developments at $91.26. Price has moved to $91.26 (-0.53%) amidst recent volatility. The primary technical feature is a **Bullish Flag** formation. The trend indicator is reading 4.0/100, suggesting moderate momentum. A potential breakout level is identified at **$93.58**, targeting **$103.16** with support near **$89.24** (R:R 2.21).
What is your outlook on OTIS?