BRLS Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse on April 11, 2025

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Cup-and-Handle Inverse

BRLS - Borealis Foods

Emerged: 04/11/25

Breakout: $5.74

Price: $6.05

Target price: $4.97

A.I.dvisor detected a bearish Cup-and-Handle Inverse pattern for BRLS stock. This pattern was detected on April 11, 2025 . The odds of reaching the target price are 6. The Inverted Cup-and-Handle (sometimes called Inverted Cup-and-Holder) pattern forms when prices rise then decline to create an upside-down “U”like shape (1, 2, 3, also known as the Cup), followed by a shorter relatively straight price increase that bounces from the right lip (from 3 to 4, creating the Handle). Consider selling the security short or buying a put option at the downward breakout level. The confirmation move is the breakout of the price below the right cup lip.

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General Information

Industry FoodSpecialtyCandy

Profile

Fundamentals

Details

Industry

N/A

Address

1540 Cornwall Road

Phone

+1 905 278-2200

Employees

N/A

Web

https://www.borealisfoods.com