Tickeron detected bullish Stock Pattern: Three Rising Valleys on February 16, 2024

A.I.dvisor
at Tickeron.com
02/17/24
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Three Rising Valleys
CHT - CHUNGHWA TELECOM CO Ltd
Emerged: 02/16/24
Breakout: $38.97
Price: $38.84
Target price: $40.33
A.I.dvisor detected a bullish Three Rising Valleys pattern for CHT stock. This pattern was detected on February 16, 2024 . The odds of reaching the target price are 6. The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) are arranged along an upward sloping trend line. Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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CHTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a company which engages in the provision of telecommunication and information related services

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
Major Telecommunications
Address
Number 21-3 Hsinyi Road
Phone
+886 223445488
Employees
19922
Web
http://www.cht.com.tw