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ELTX

TRADE

AS OF

Apr 26 closing price

Price

$8.99

Change

-$0.11 (-1.21%)

Capitalization

91.89M

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GENERAL INFO

Tickeron detected bullish Stock Pattern: Cup-and-Handle on April 26, 2024

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04/27/24

Cup-and-Handle

ELTX - Elicio Therapeutics

Emerged: 04/26/24

Breakout: $9.82

Price: $9.1

Target price: $11.4

A.I.dvisor detected a bullish Cup-and-Handle pattern for ELTX stock. This pattern was detected on April 26, 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.

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ELTX