POWER is completing a ~4 months consolidation, similar to the previous base that led to a strong upside move. Price is now attempting a range breakout with improving volumes, indicating fresh participation.
Buy above: 20.6
Immediate resistance: 24
Targets: 24 → 25.5
Upside potential: ~16–25%
RSI: Rising and supportive of momentum
Structure favors continuation if price holds above the consolidation high. A clean close above resistance can trigger the next leg up.
Buy above: 20.6
Immediate resistance: 24
Targets: 24 → 25.5
Upside potential: ~16–25%
RSI: Rising and supportive of momentum
Structure favors continuation if price holds above the consolidation high. A clean close above resistance can trigger the next leg up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.