LVOTX Stock Tickeron detected bearish Mutual Fund Pattern: Three Falling Peaks on June 24, 2024

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07/17/24

Three Falling Peaks

LVOTX - Lord Abbett Value Opportunities R5

Emerged: 06/24/24

Breakout: $19.77

Price: $20.72

Target price: $19.33

A.I.dvisor detected a bearish Three Falling Peaks pattern for LVOTX stock. This pattern was detected on June 24, 2024 . The odds of reaching the target price are 6. The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price moves below the breakout level.

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