APXI Stock Tickeron detected bearish Stock Pattern: Triple Tops on September 25, 2023

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10/08/23

Triple Tops

APXI - APx Acquisition Corp

Emerged: 09/25/23

Breakout: $10.87

Price: $11

Target price: $10.74

A.I.dvisor detected a bearish Triple Tops pattern for APXI stock. This pattern was detected on September 25, 2023 . The odds of reaching the target price are 7. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

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