PEXL Stock Tickeron detected bearish ETF Pattern: Wedge Falling on February 12, 2025

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Wedge Falling

PEXL - Pacer US Export Leaders ETF

Emerged: 02/12/25

Breakout: $49.59

Price: $49.8

Target price: $48.52

A.I.dvisor detected a bearish Wedge Falling pattern for PEXL stock. This pattern was detected on February 12, 2025 . The odds of reaching the target price are . The Falling Wedge pattern forms when prices appear to spiral downward, with lower lows (1, 3, 5) and lower highs (2, 4) creating two down-sloping trend lines that intersect to form a triangle. 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 rises above the breakout level.

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