Tickeron detected bullish ETF Pattern: Broadening Wedge Descending on August 21, 2023

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08/22/23

Broadening Wedge Descending

CEMB - iShares JP Morgan EM Corporate Bond ETF

Emerged: 08/21/23

Breakout: $43.21

Price: $42.43

Target price: $43.34

A.I.dvisor detected a bullish Broadening Wedge Descending pattern for CEMB stock. This pattern was detected on August 21, 2023 . The odds of reaching the target price are 6. The Broadening Wedge Descending pattern forms when the price of a security makes lower lows (1, 3, 5) and lower highs (2, 4), forming a downtrend. Consider buying a security or call option at the upward breakout price level.

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CEMB

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