Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending on December 11, 2023

A.I.dvisor
at Tickeron.com
12/12/23
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Broadening Wedge Ascending
DJUN - FT Cboe Vest US Equity Deep Bfr ETF Jun
Emerged: 12/11/23
Breakout: $36.78
Price: $37.21
Target price: $36.77
A.I.dvisor detected a bearish Broadening Wedge Ascending pattern for DJUN stock. This pattern was detected on December 11, 2023 . The odds of reaching the target price are 6. The Broadening Wedge Ascending pattern forms when a security price progressively makes higher highs (1, 3, 5) and higher lows (2, 4), following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low that touches the bottom line (4).
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DJUNDaily Signal changed days agoGain/Loss if shorted
 
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