Use advanced tools to confirm the Ascending Triangle on PNW before you trade.
Bullish continuation pattern.
Technical analysis of Pinnacle West Capital (PNW) reveals a significant setup. With a last close of $102.69, volatility remains active (0.06%). Price action has carved out a classic Ascending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $104.92, targeting $113.09 with support near $98.75 (R:R 1.32).
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