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IHT Stock Tickeron detected bearish Stock Pattern: Broadening Top on February 26, 2025

A.I.dvisor
at Tickeron.com
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Broadening Top
IHT - InnSuites Hospitality Trust
Tickeron
Emerged: 02/26/25
Breakout: $2.53
Price: $2.62
Target price: $2.42
A.I.dvisor detected a bearish Broadening Top pattern for IHT stock. This pattern was detected on February 26, 2025 . The odds of reaching the target price are 7. The Broadening Top pattern forms when a security price makes higher highs (1, 3, 5) and lower lows (2, 4) following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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published General Information

General Information

a real estate investment trust

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
1730 E. Northern Avenue
Phone
+1 602 944-1500
Employees
79
Web
https://www.innsuitestrust.com