Emerged - 07/06/20
Breakout = $6.22
Target price = $5.57
Confirmed 07/13/20
Price = $6.23
Tickeron A.I.dvisor detected a bearish Three Falling Peaks pattern for stock. This pattern was detected on July 06, 2020 and confirmed on July 13, 2020 . The odds of reaching the target price are 67.22%.
The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line.
Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price moves below the breakout level.
Breakout = $6.22
Target price = $5.57
Confirmed 07/13/20
Price = $6.23
Tickeron A.I.dvisor detected a bearish Three Falling Peaks pattern for stock. This pattern was detected on July 06, 2020 and confirmed on July 13, 2020 . The odds of reaching the target price are 67.22%.
The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line.
Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price moves below the breakout level.