EFC Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys on June 10, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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Three Rising Valleys
EFC - Ellington Financial
Emerged: 06/10/24
Confirmed: 06/12/24
Breakout: $12.17
Price: $12.09
Target price: $12.57
A.I.dvisor detected a bullish Three Rising Valleys pattern for EFC stock. This pattern was detected on June 10, 2024 and confirmed on June 12, 2024 . The odds of reaching the target price are 6. The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) are arranged along an upward sloping trend line. 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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a provider of financial investment services and strategies

Industry RealEstateInvestmentTrusts

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