EIX Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on June 07, 2024

A.I.dvisor
at Tickeron.com
06/09/24
Loading...
Cup-and-Handle
EIX - Edison International
Emerged: 06/07/24
Breakout: $76.84
Price: $74.5
Target price: $80.32
A.I.dvisor detected a bullish Cup-and-Handle pattern for EIX stock. This pattern was detected on June 07, 2024 . The odds of reaching the target price are 6. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
View a ticker or compare two or three
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Supplies electricity and operates power facilities

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
2244 Walnut Grove Avenue
Phone
+1 626 302-2222
Employees
14375
Web
https://www.edison.com