Technical indicators signal a Bullish Flag forming. Verify the setup on the chart.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
EIX is showing interesting structural developments at $72.37. Currently at $72.37, the asset is showing downward momentum (-0.03%). Our AI has detected a valid Bullish Flag pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $76.22, targeting $93.6 with support near $71.23 (R:R 3.48).
What is your outlook on EIX?