On June 17, 2024, A.I.dvisor detected a Wedge Falling Pattern (Bullish) for Douglas Elliman (DOUG, $1.04). On June 18, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $1.41. 28 days later, on July 16, 2024, DOUG reached the target price resulting in a +3 for traders who took a long position in the stock.
DOUG's Stochastic Oscillator is staying in oversold zone for 5 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.