We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Infrastructure stocks are breaking out, even as the broader market remains choppy.
Here’s today’s standout:
Eaton Corporation $ETN is currently exhibiting a Long-Term Squeeze Score of 91.60.
Here's what the chart looks like:
Volatility on the weekly Strazza Indicator is beginning to expand from extreme lows as the ETN puts the finishing touches on a year-long continuation base.
A breakout from here could spark a multi-year rally, just as similar patterns have done in the past.
