FKALX Stock Tickeron detected bullish Mutual Fund Pattern: Rectangle Bottom on June 20, 2024

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Rectangle Bottom

FKALX - Federated Hermes Kaufmann Small Cap R6

Emerged: 06/20/24

Breakout: $49.83

Price: $48.44

Target price: $50.94

A.I.dvisor detected a bullish Rectangle Bottom pattern for FKALX stock. This pattern was detected on June 20, 2024 . The odds of reaching the target price are 6. Two horizontal lines (1, 3, 5) and (2, 4) form the Rectangle Bottom Pattern as the security bounces up and down between support and resistance levels. 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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