JBAWX Stock Tickeron detected bullish Mutual Fund Pattern: Broadening Wedge Descending on August 05, 2024

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JBAWX - JHancock Balanced R6

Emerged: 08/05/24

Breakout: $28.61

Price: $27.99

Target price: $28.7

A.I.dvisor detected a bullish Broadening Wedge Descending pattern for JBAWX stock. This pattern was detected on August 05, 2024 . The odds of reaching the target price are 6.

The Broadening Wedge Descending pattern forms when the price of a security makes lower lows (1, 3, 5) and lower highs (2, 4), forming a downtrend.

Consider buying a security or call option at the upward breakout price level.