IPPP Stock Tickeron detected bullish ETF Pattern: Pennant on February 20, 2025

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Pennant

IPPP - Preferred-Plus ETF

Emerged: 02/20/25

Breakout: $10.22

Price: $10.22

Target price: $10.75

A.I.dvisor detected a bullish Pennant pattern for IPPP stock. This pattern was detected on February 20, 2025 . 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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