It looks like Trane Technologies is in a Bullish Bat formation that will reach bottom at around $146 which is also in confluence where the 1.618 fib lines up.
At this point TT should change directions and start on its next move higher.
VERTICAL DOTTED LINE is Ultra high volume down bar Higher volume-Professionals are buying into the public selling
Within 3-5 price bars need the confirmation from a Bullish CANDLE with RSI ABOVE 30
Prices formed a symmetrical triangle at the potential reversal zone as in the red circle and already broke the bottom boundary of the triangle
Which increases the likelihood of reaching the targets
SL closing up 165.60
Hey guys, TRANE TECHNOLOGIES is in a bullish configuration, large volume of purchases executed. We are heading for the first first highest, high volume of purchase risks a reversal to find the first lowest and return to the top in a new consolidation zone. Then climb on the next highest to reach the top of the consolidation zone.
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