MITA Stock Tickeron detected bearish Stock Pattern: Pennant on August 07, 2024

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08/08/24

Pennant

MITA - Coliseum Acquisition Corp

Emerged: 08/07/24

Breakout: $11.01

Price: $11.02

Target price: $10.82

A.I.dvisor detected a bearish Pennant pattern for MITA stock. This pattern was detected on August 07, 2024 . The odds of reaching the target price are 6. It forms when falling prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). 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 falls below the breakout level.

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published General Information

General Information

Industry FinancialConglomerates

Profile

Fundamentals

Details

Industry

N/A

Address

80 Pine Street

Phone

+1 212 600-5763

Employees

N/A

Web

https://www.coliseumacq.com