See how the Rectangle is playing out for D. View live chart.
Sideways movement between parallel supports.
Bullish continuation pattern.
Technical analysis of Dominion Energy (D) reveals a significant setup. Price has moved to $68.41 (0.57%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 12.2/100, suggesting moderate momentum. A potential breakout level is identified at $69.28, targeting $78.12 with support near $65.47 (R:R 2.32).
What is your outlook on D?