LPFCX Stock Tickeron detected bullish Mutual Fund Pattern: Triangle Descending on July 01, 2024

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Triangle Descending

LPFCX - ALPS Global Opportunity C

Emerged: 07/01/24

Breakout: $6.1

Price: $5.98

Target price: $6.21

A.I.dvisor detected a bullish Triangle Descending pattern for LPFCX stock. This pattern was detected on July 01, 2024 . The odds of reaching the target price are 6. The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-sloping top line (2, 4). 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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