CIB Stock Tickeron detected bullish Stock Pattern: Wedge Rising on July 09, 2024

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07/10/24

Wedge Rising

CIB - Bancolombia SA

Emerged: 07/09/24

Breakout: $33.57

Price: $33.41

Target price: $34.94

A.I.dvisor detected a bullish Wedge Rising pattern for CIB stock. This pattern was detected on July 09, 2024 . The odds of reaching the target price are . The Rising Wedge pattern forms when prices seem to be spiraling upward, and two upward sloping trend lines are created with the price hitting higher highs (1, 3, 5) and higher lows (2,4). 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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CIB