Live monitoring of the Ascending Triangle setup on PWR. See where price is heading.
Bullish continuation pattern.
Technical analysis of Quanta Services (PWR) reveals a significant setup. The stock is trading at $702.25, down 1.76% on the day. Price action has carved out a classic Ascending Triangle. Volume is strong (1.24x avg) with moderate trend strength (4.3). A potential breakout level is identified at $782.68, targeting $923.25 with support near $642.11 (R:R 1.0).
What is your outlook on PWR?