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

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Broadening Wedge Descending

JNBCX - JPMorgan Income Builder C

Emerged: 08/05/24

Breakout: $9.84

Price: $9.61

Target price: $9.85

A.I.dvisor detected a bullish Broadening Wedge Descending pattern for JNBCX 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.

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