$AGR – Ascending Triangle Chart Pattern

$AGR – Ascending Triangle Chart Pattern

$AGR – Avangrid, Inc. engages in energy transmission and gas distribution. It operates on the following segments: Networks, Renewables, and More. The company was founded in 1852, and the headquarters are in Orange, CT.

Sector: Utilities

Market Capitalization 20.092B

Ownership Summary: 11.12% Institutional Ownership

TECHNICALS

On the weekly timeframe, the price chart has formed a long-term Ascending Triangle pattern since February of 2020, finding strong resistance at the $54.30 price level. The current price is above the Year-long EMA. A weekly close of $55.90 will confirm the breakout from the ascending triangle pattern with a possible price target of $70.90

Charts drawn using TradingView

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$APO – Ascending Triangle Chart Pattern

$APO - Apollo Global Management, Inc. engages in the provision of alternative investment management services. It operates through Credit, Private Read more

U.S. Equities Watchlist Additions – November 19th, 2021

$EVRI - Everi Holdings, Inc. engages in the provision of technology solutions to the casino, interactive and gaming industry. It Read more

$TG – Breakdown Alert

Please scroll down to see the most recent updates to this post$TG - Tredegar Corp. engages in the manufacture of Read more

$APO – Ascending Triangle Chart Pattern

$APO – Ascending Triangle Chart Pattern

$APO – Apollo Global Management, Inc. engages in the provision of alternative investment management services. It operates through Credit, Private Equity, and Real Assets segments.

Market Capitalization 25.176B

Ownership Summary: 83.61% Institutional Ownership

Sector: Finance

TECHNICALS

The price chart has formed an Ascending Triangle pattern since July2021, finding strong resistance at the $63.70 price level. The current price is above the 200 EMA. A daily close of $65.50 will confirm the breakout from the ascending triangle with a possible price target of $72.70.


Charts drawn using TradingView

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Chart Pattern Morphing

Most chart patterns morph into other patterns when they fail their formations. Chart patterns show possibilities of price direction, but Read more

$TG – Breakdown Alert

Please scroll down to see the most recent updates to this post$TG - Tredegar Corp. engages in the manufacture of Read more

$DGB – Adam and Eve Chart Pattern

$DGB - DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. DigiByte has Read more

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