A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
Consolidation. Can break either way.
Technical analysis of NiSource (NI) reveals a significant setup. The stock is trading at $47.22, up 0.06% on the day. The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $48.76, targeting $52.85 with support near $46.16 (R:R 1.57).
What is your outlook on NI?