Tickeron detected bullish ETF Pattern: Triangle Symmetrical Top on January 24, 2024

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01/25/24

Triangle Symmetrical Top

IHY - VanEck Intl Hi Yld Bd ETF

Emerged: 01/24/24

Breakout: $20.95

Price: $20.64

Target price: $21.36

A.I.dvisor detected a bullish Triangle Symmetrical Top pattern for IHY stock. This pattern was detected on January 24, 2024 . The odds of reaching the target price are 6. The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. 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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IHY

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