ESS is showing a classic Rounding Bottom. Don't miss the move.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Essex Property Trust (ESS) on the daily chart. Currently at $251.42, the asset is showing upward momentum (0.99%). Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.74x avg) with moderate trend strength (38.5). A potential breakout level is identified at $255.72, targeting $275.53 with support near $245.82 (R:R 2.0).
What is your outlook on ESS?