ELLO Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys on May 06, 2024

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05/07/24

Three Rising Valleys

ELLO - Ellomay Capital Ltd

Emerged: 05/06/24

Breakout: $15.28

Price: $14.42

Target price: $16.41

A.I.dvisor detected a bullish Three Rising Valleys pattern for ELLO stock. This pattern was detected on May 06, 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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published General Information

General Information

a company which engages in the investment of energy and infrastructure sectors

Industry AlternativePowerGeneration

Profile

Fundamentals

Details

Industry

Industrial Machinery

Address

18 Rothschild Boulevard

Phone

+972 37971111

Employees

Web

https://www.ellomay.com