IRGTX Stock Tickeron detected bearish Mutual Fund Pattern: Pennant on June 20, 2024

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Pennant

IRGTX - VY® CBRE Global Real Estate S

Emerged: 06/20/24

Breakout: $9.77

Price: $9.79

Target price: $9.54

A.I.dvisor detected a bearish Pennant pattern for IRGTX stock. This pattern was detected on June 20, 2024 . The odds of reaching the target price are 6. It forms when falling 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 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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