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IWML Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Bottom on January 08, 2025

A.I.dvisor
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Triangle Symmetrical Bottom
IWML - ETRACS 2x Leveraged US Size Fctr TR ETN
Tickeron
Emerged: 01/08/25
Breakout: $22.49
Price: $22.14
Target price: $23.75
A.I.dvisor detected a bullish Triangle Symmetrical Bottom pattern for IWML stock. This pattern was detected on January 08, 2025 . The odds of reaching the target price are 6. The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. As the support and resistance levels consolidate, they form a triangle. 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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