Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
VMC is showing interesting structural developments at $302.84. The stock is trading at $302.84, up 2.72% on the day. Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.83x avg) with moderate trend strength (25.6). A potential breakout level is identified at $306.85, targeting $361.78 with support near $279.38 (R:R 2.0).
What is your outlook on VMC?