GHG Stock Tickeron detected bullish Stock Pattern: Rectangle Top on July 19, 2024

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07/25/24

Rectangle Top

GHG - GreenTree Hospitality Group Ltd

Emerged: 07/19/24

Confirmed: 07/23/24

Breakout: $2.52

Price: $2.4

Target price: $2.65

A.I.dvisor detected a bullish Rectangle Top pattern for GHG stock. This pattern was detected on July 19, 2024 and confirmed on July 23, 2024 . The odds of reaching the target price are 6. Two horizontal lines (top: 1, 3, 5) and (bottom: 2, 4) form the pattern as the security bounces up and down between support and resistance levels. 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.

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