BHAC Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom on August 01, 2023

A.I.dvisor
at Tickeron.com
08/02/23
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Triangle Symmetrical Bottom
BHAC - Crixus BH3 Acquisition Company
Emerged: 08/01/23
Breakout: $10.28
Price: $10.41
Target price: $10.12
A.I.dvisor detected a bearish Triangle Symmetrical Bottom pattern for BHAC stock. This pattern was detected on August 01, 2023 . The odds of reaching the target price are 6. The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. Points (1, 5) form the triangle patterns. 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.
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Industry FinancialConglomerates

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Address
1345 Avenue of the Americas
Phone
+1 954 416-3140
Employees
3
Web
https://www.bh3ac.com