GCECX Stock Tickeron detected bullish Mutual Fund Pattern: Triangle Symmetrical Bottom on June 21, 2024

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GCECX - AB Global Core Equity C

Emerged: 06/21/24

Breakout: $16.65

Price: $16.56

Target price: $17.06

A.I.dvisor detected a bullish Triangle Symmetrical Bottom pattern for GCECX stock. This pattern was detected on June 21, 2024 . The odds of reaching the target price are 6.

The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. As the support and resistance levels consolidate, they form a triangle.

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.