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FORTY Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys on February 03, 2025

A.I.dvisor
at Tickeron.com
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Three Rising Valleys
FORTY - Formula Systems (1985) Ltd
Tickeron
Emerged: 02/03/25
Breakout: $92.31
Price: $90.18
Target price: $101.63
A.I.dvisor detected a bullish Three Rising Valleys pattern for FORTY stock. This pattern was detected on February 03, 2025 . 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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General Information

a provider of software and IT consulting services

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
Yahadut Canada 1 Street
Phone
+972 35389389
Employees
22059
Web
https://www.formulasystems.com