CBNK Stock Tickeron detected bearish Stock Pattern: Dead Cat Bounce on June 13, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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Dead Cat Bounce
CBNK - Capital Bancorp
Emerged: 06/13/24
Breakout: $19.73
Price: $19.83
Target price: $19.03
A.I.dvisor detected a bearish Dead Cat Bounce pattern for CBNK stock. This pattern was detected on June 13, 2024 . The odds of reaching the target price are . The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.
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General Information

a major bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Major Banks
Address
2275 Research Boulevard
Phone
+1 301 468-8848
Employees
329
Web
https://www.capitalbankmd.com