DIOD Stock Tickeron detected bullish Stock Pattern: Rectangle Bottom on June 14, 2024

A.I.dvisor
at Tickeron.com
06/18/24
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Rectangle Bottom
DIOD - Diodes
Emerged: 06/14/24
Breakout: $74.98
Price: $73.17
Target price: $78.34
A.I.dvisor detected a bullish Rectangle Bottom pattern for DIOD stock. This pattern was detected on June 14, 2024 . The odds of reaching the target price are 7. Two horizontal lines (1, 3, 5) and (2, 4) form the Rectangle Bottom Pattern as the security bounces up and down between support and resistance levels. 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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General Information

a manufacturer of semiconductor devices

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
4949 Hedgcoxe Road
Phone
+1 972 987-3900
Employees
8635
Web
https://www.diodes.com