GACIX Stock Tickeron detected bullish Mutual Fund Pattern: Wedge Falling on June 21, 2024

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Wedge Falling

GACIX - Gabelli Small Cap Growth I

Emerged: 06/21/24

Breakout: $45.23

Price: $44.5

Target price: $45.9

A.I.dvisor detected a bullish Wedge Falling pattern for GACIX stock. This pattern was detected on June 21, 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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These past five trading days, the mutual fund lost 0.00%.

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