Tickeron detected bullish Stock Pattern: Rectangle Bottom on April 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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Rectangle Bottom
NREF - NexPoint Real Estate Finance
Emerged: 04/30/24
Breakout: $13.27
Price: $12.96
Target price: $13.59
A.I.dvisor detected a bullish Rectangle Bottom pattern for NREF stock. This pattern was detected on April 30, 2024 . The odds of reaching the target price are 7. Two horizontal lines (1, 3, 5) and (2, 4) form the Rectangle Bottom Pattern as the security bounces up and down between support and resistance levels. Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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NREFDaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
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General Information

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
N/A
Address
300 Crescent Court
Phone
+1 214 276-6300
Employees
1
Web
https://www.nexpointfinance.com