Tickeron detected bullish ETF Pattern: Pennant on December 11, 2023

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12/12/23

Pennant

ISVL - iShares Intl Dev Sm Cp Val Fctr ETF

Emerged: 12/11/23

Breakout: $32.74

Price: $32.68

Target price: $33.78

A.I.dvisor detected a bullish Pennant pattern for ISVL stock. This pattern was detected on December 11, 2023 . 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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ISVL

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Category ForeignSmallMidValue

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