EXC is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Consolidation. Can break either way.
Technical analysis of Exelon (EXC) reveals a significant setup. Currently at $48.66, the asset is showing upward momentum (1.06%). Price action has carved out a classic Ascending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $50.65, targeting $55.12 with support near $47.73 (R:R 1.53).
What is your outlook on EXC?