Use advanced tools to confirm the Double Bottom on CBRE before you trade.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Technical analysis of CBRE Group (CBRE) reveals a significant setup. Currently at $142.6, the asset is showing upward momentum (4.64%). Price action has carved out a classic **Double Bottom**. Volume is strong (2.11x avg) with moderate trend strength (46.1). A potential breakout level is identified at **$174.27**, targeting **$222.76** with support near **$150.03** (R:R 2.0).
What is your outlook on CBRE?