Jul. 21 at 11:11 AM
$FIVE P&F Chart: Bullish Triangle Breakout.
Breakout Point:
$137.30
A Bullish Triangle breakout on P&F charts is statistically successful in a majority of cases, with a typical success rate near 2 out of 3. Success is maximized when the breakout aligns with a prevailing uptrend, is confirmed with volume, and occurs after a healthy consolidation. Nevertheless, prudent risk management is essential as false breakouts remain possible even in this high-probability setup.