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JCTC Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on February 24, 2025

A.I.dvisor
at Tickeron.com
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Cup-and-Handle
JCTC - Jewett-Cameron Trading Company Ltd
Tickeron
Emerged: 02/24/25
Breakout: $4.83
Price: $4.56
Target price: $5.23
A.I.dvisor detected a bullish Cup-and-Handle pattern for JCTC stock. This pattern was detected on February 24, 2025 . The odds of reaching the target price are 6. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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General Information

a distributer of lumber and other building materials

Industry ForestProducts

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
32275 North West Hillcrest
Phone
+1 503 647-0110
Employees
68
Web
https://www.jewettcameron.com