COOP Stock Tickeron detected bullish Stock Pattern: Triangle Descending on June 10, 2024

A.I.dvisor
at Tickeron.com
06/11/24
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Triangle Descending
COOP - Mr Cooper Group
Emerged: 06/10/24
Breakout: $84.75
Price: $81.04
Target price: $88.42
A.I.dvisor detected a bullish Triangle Descending pattern for COOP stock. This pattern was detected on June 10, 2024 . The odds of reaching the target price are 6. The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-sloping top line (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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published General Information

General Information

a holding company with interest in mortgage reinsurance

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Specialty Insurance
Address
8950 Cypress Waters Boulevard
Phone
+1 469 549-2000
Employees
6800
Web
https://www.mrcoopergroup.com