$TPX Box Setup

After a massive 2020 run, Tempur Sealy been consolidating sideways since March of this year and now forming a 3 months consolidation box pattern. The one negative about the pattern is OBV breaking below its previous low (red line on OBV) indicating institutions possibly distributing shares vs accumulating. Need to see OBV breaking back up below the red line to get me excited. On the watchlist for now (not focus list)

Tempur Sealy Intl Inc (TPX)- MAKES TEMPERATURE SENSITIVE VISCO-ELASTIC PRESSURE FOAM MATTRESSES, PILLOWS, AND COMFORT/LUMBAR CUSHIONS