Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
FRT is showing interesting structural developments at $110.21. Price has moved to $110.21 (1.12%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 82.1/100, suggesting high momentum. A potential breakout level is identified at $110.69, targeting $120.24 with support near $102.59 (R:R 1.18).
What is your outlook on FRT?