The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation pattern.
Reversal pattern. Price likely to break upwards.
Consolidation. Can break either way.
Market participants tracking Motorola Solutions should note the latest formation. Currently at $440.08, the asset is showing upward momentum (0.04%). Price action has carved out a classic Descending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $424.98, targeting $366.24 with support near $448.54 (R:R 2.49).
What is your outlook on MSI?