Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on April 24, 2024

A.I.dvisor
at Tickeron.com
04/25/24
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Head-and-Shoulders Bottom
IDT - IDT Corp
Emerged: 04/24/24
Breakout: $37.07
Price: $36.59
Target price: $38.39
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for IDT stock. This pattern was detected on April 24, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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IDTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of telecommunication services

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
Specialty Telecommunications
Address
520 Broad Street
Phone
+1 973 438-1000
Employees
1890
Web
https://www.idt.net