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FORTY Stock Tickeron detected bullish Stock Pattern: Broadening Top FORTY on September 30, 2024, netting in a 9.38% gain over 1 month

A.I.dvisor
at Tickeron.com
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+9.38% Gain from a Successful pattern Broadening Top
FORTY - Formula Systems (1985) Ltd
Tickeron
Ticker: FORTY
Company: Formula Systems (1985)
Gain: +9.38%
Confirmed: 09/30/24
Succeeded: 11/07/24
Total length: 38 days
On September 30, 2024, A.I.dvisor detected a Broadening Top Pattern (Bullish) for Formula Systems (1985) Ltd (FORTY, $80.00). On September 30, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $89.48. 38 days later, on November 07, 2024, FORTY reached the target price resulting in a for traders who took a long position in the stock.
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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