FRUSX Stock Tickeron detected bullish Mutual Fund Pattern: Wedge Falling on July 01, 2024

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07/29/24

Wedge Falling

FRUSX - Franklin Utilities C

Emerged: 07/01/24

Breakout: $21.14

Price: $21.71

Target price: $21.87

A.I.dvisor detected a bullish Wedge Falling pattern for FRUSX stock. This pattern was detected on July 01, 2024 . The odds of reaching the target price are 6. The Falling Wedge pattern forms when the price of a security appears to be spiraling downward, and two down-sloping lines are created with the price hitting lower lows (1, 3, 5) and lower highs (2, 4). Consider buying a security or call option. The confirmation move is when the price breaks out of the last high touching the top line.

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