DNOW breakout setup
DNOW Inc. (DNOW), Oil and Gas Field Machinery, was flagged by the Breakout Radar on Oct 26, 2026 at $15.94, 0.3% under its $15.99 pivot.
Daily candles. Red: the base's resistance. Blue: its floor. Lines as the radar draws them today.
Why it was flagged
First base since the advance began (Stage 1) (above a rising 200-day average) for 50 sessions under a gently falling resistance at 15.99 tested 7 times, with a flat or rising floor touched 5 times and the range narrowing to 74% of its start.
What happened next
Broke out Oct 27. It first closed above the pivot at $16.39. Last close $16.66 (Oct 29, 2026), +4.5% since it was flagged; best point +5.0%.
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A measured chart pattern, not a recommendation. Not investment advice.