TX breakout setup
Ternium S.A. Ternium S.A. (TX), Steel/Iron Ore, was flagged by the Breakout Radar on Oct 16, 2026 at $57.10, 3.6% under its $59.17 pivot.
Daily candles. Red: the base's resistance. Blue: its floor. Lines as the radar draws them today.
Why it was flagged
6th base since the advance began — late stage (above a rising 200-day average) for 39 sessions under a gently rising resistance at 59.17 tested 5 times, with a flat or rising floor touched 5 times and the range narrowing to 64% of its start.
What happened next
Broke out Oct 20. It first closed above the pivot at $59.69. Last close $54.06 (Oct 29, 2026), -5.3% since it was flagged; best point +5.4%.
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A measured chart pattern, not a recommendation. Not investment advice.