Momentum is building with this Bullish Flag. See the live chart action.
Bullish continuation if preceding move was up.
Indecision. Widening then narrowing range.
Reversal pattern. Price likely to break downwards.
Traders are watching Fortinet (FTNT) as price action tightens. Currently at $144.73, the asset is showing upward momentum (0.41%). The primary technical feature is a Diamond formation. This setup is supported by strong volume turnover. A potential breakout level is identified at $150.07, targeting $195.63 with support near $127.29 (R:R 2.0).
What is your outlook on FTNT?