BKR Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on June 03, 2024

A.I.dvisor
at Tickeron.com
06/04/24
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Cup-and-Handle
BKR - Baker Hughes Company
Emerged: 06/03/24
Breakout: $33.48
Price: $32.15
Target price: $35.15
A.I.dvisor detected a bullish Cup-and-Handle pattern for BKR stock. This pattern was detected on June 03, 2024 . The odds of reaching the target price are . The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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General Information

a holding company, which engages in the provision of oilfield products, services, and digital solutions

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
N/A
Address
575 North Dairy Ashford Road
Phone
+1 713 439-8600
Employees
58000
Web
https://www.bakerhughes.com