Company Overview - Generac Holdings Inc. is experiencing quiet trading, consolidating after a nearly 5% increase in stock price attributed to potential increased sales of generators due to a heatwave in the Midwest [1] Technical Analysis - The stock has shown bullish patterns, particularly an ascending triangle, indicating aggressive buyers and complacent sellers, which sets the stage for potential upward movement [2][8] - Resistance was noted around the $117 level in early April, where the stock remained until early May, indicating a balance between sellers and buyers [3][5] - Following this, another ascending triangle pattern emerged in late May and June, with resistance forming around $131, yet buyers continued to enter the market at higher prices, leading to a breakout and upward trend [6][7]