CMCA Stock Tickeron detected bullish Stock Pattern: Wedge Rising on January 17, 2024

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01/21/24

Wedge Rising

CMCA - Capitalworks Emerging Markets Acquisition Corp

Emerged: 01/17/24

Breakout: $10.97

Price: $10.93

Target price: $11.2

A.I.dvisor detected a bullish Wedge Rising pattern for CMCA stock. This pattern was detected on January 17, 2024 . The odds of reaching the target price are 6. 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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Industry FinancialConglomerates

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N/A

Address

1345 Avenue of the Americas

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+1 202 320-4822

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https://www.cemac.online