FYHTX Stock Tickeron detected bearish Mutual Fund Pattern: Broadening Bottom on September 04, 2024

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Broadening Bottom

FYHTX - Fidelity Commodity Strategy

Emerged: 09/04/24

Breakout: $89.9

Price: $90.36

Target price: $87.64

A.I.dvisor detected a bearish Broadening Bottom pattern for FYHTX stock. This pattern was detected on September 04, 2024 . The odds of reaching the target price are 6. The Broadening Bottom pattern forms when a security price makes higher highs (2, 4) and lower lows (1, 3, 5) following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

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