Use advanced tools to confirm the Rectangle on PLD before you trade.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
Bearish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Prologis (PLD) on the daily chart. Price has moved to $140.54 (-0.28%) amidst recent volatility. Price action has carved out a classic Bearish Flag. This setup is supported by average volume turnover. A potential breakout level is identified at $136.23, targeting $114.32 with support near $149.1 (R:R 1.7).
What is your outlook on PLD?