MCDFX Stock Tickeron detected bullish Mutual Fund Pattern: Broadening Bottom on July 19, 2024

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MCDFX - Matthews China Dividend Investor

Emerged: 07/19/24

Breakout: $11.08

Price: $10.68

Target price: $11.47

A.I.dvisor detected a bullish Broadening Bottom pattern for MCDFX stock. This pattern was detected on July 19, 2024 . The odds of reaching the target price are 6.

The Broadening Bottom pattern is formed when the price of a security progressively makes higher highs (2, 4) and lower lows (1, 3, 5) following two widening trend lines.

Consider buying a security or call option at the upward breakout price/entry point.