IGF Stock Tickeron detected bullish ETF Pattern: Pennant on July 19, 2024

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07/22/24

Pennant

IGF - iShares Global Infrastructure ETF

Emerged: 07/19/24

Breakout: $49.82

Price: $50.09

Target price: $51.3

A.I.dvisor detected a bullish Pennant pattern for IGF stock. This pattern was detected on July 19, 2024 . The odds of reaching the target price are 6. The Rising Pennant forms when rising prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). Consider buying a security or call option at the breakout. When trading, wait for the confirmation move, which is when the price rises above the breakout level.

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IGF