MILN Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom on June 07, 2024

A.I.dvisor
at Tickeron.com
06/08/24
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Head-and-Shoulders Bottom
MILN - Global X Millennials Consumer ETF
Emerged: 06/07/24
Breakout: $38.54
Price: $38.5
Target price: $39.74
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for MILN stock. This pattern was detected on June 07, 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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General Information

Category LargeGrowth

Profile
Fundamentals
Details
Category
Large Growth
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com