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LAMYX Stock Tickeron detected bearish Mutual Fund Pattern: Broadening Wedge Ascending on May 06, 2024

A.I.dvisor
at Tickeron.com
05/19/24
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Broadening Wedge Ascending
LAMYX - Lord Abbett Dividend Growth I
Emerged: 05/06/24
Breakout: $20.64
Price: $21.8
Target price: $20.61
A.I.dvisor detected a bearish Broadening Wedge Ascending pattern for LAMYX stock. This pattern was detected on May 06, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Ascending pattern forms when a security price progressively makes higher highs (1, 3, 5) and higher lows (2, 4), following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low that touches the bottom line (4).
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General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
Lord Abbett Research Fund Inc90 Hudson Street 11th FloorJersey City
Phone
N/A
Web
www.lordabbett.com