Tickeron detected bullish Stock Pattern: Pennant on May 02, 2023

A.I.dvisor
at Tickeron.com
05/06/23
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Pennant
AQNU - Algonquin Power & Utilities Corp
Emerged: 05/02/23
Confirmed: 05/03/23
Breakout: $30.28
Price: $30.63
Target price: $31.81
A.I.dvisor detected a bullish Pennant pattern for AQNU stock. This pattern was detected on May 02, 2023 and confirmed on May 03, 2023 . The odds of reaching the target price are 6. The Rising Pennant forms when rising prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). Consider buying a security or call option at the breakout. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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AQNUDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry AlternativePowerGeneration

Profile
Fundamentals
Details
Industry
N/A
Address
354 Davis Road
Phone
+1 905 465-4500
Employees
3946
Web
https://www.algonquinpower.com