CGRAX Stock Tickeron detected bullish Mutual Fund Pattern: Pennant on June 21, 2024

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06/27/24

Pennant

CGRAX - Calvert Global Real Estate A

Emerged: 06/21/24

Breakout: $8.32

Price: $8.26

Target price: $8.67

A.I.dvisor detected a bullish Pennant pattern for CGRAX stock. This pattern was detected on June 21, 2024 . The odds of reaching the target price are 6. The Rising Pennant forms when rising prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). Consider buying a security or call option at the breakout. When trading, wait for the confirmation move, which is when the price rises above the breakout level.

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