AIVGX Stock Tickeron detected bearish Mutual Fund Pattern: Triangle Descending on July 01, 2024

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AIVGX - American Funds International Vntg F-3

Emerged: 07/01/24

Breakout: $17.15

Price: $16.98

Target price: $16.65

A.I.dvisor detected a bearish Triangle Descending pattern for AIVGX stock. This pattern was detected on July 01, 2024 . The odds of reaching the target price are 6.

The Descending Triangle pattern has a horizontal bottom (1, 3, 5) which represents the support level, and a down-sloping top line (2, 4).

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 falls below the breakout level.