Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on May 03, 2024

A.I.dvisor
at Tickeron.com
05/04/24
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Head-and-Shoulders Bottom
LPTV - Loop Media
Emerged: 05/03/24
Breakout: $0.3435
Price: $0.3181
Target price: $0.4052
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for LPTV stock. This pattern was detected on May 03, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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LPTVDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry Broadcasting

Profile
Fundamentals
Details
Industry
N/A
Address
2600 West Olive Avenue
Phone
+1 213 436-2100
Employees
78
Web
https://www.loop.tv