PFH Stock Tickeron detected bullish ETF Pattern: Cup-and-Handle on June 10, 2024

A.I.dvisor
at Tickeron.com
06/11/24
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Cup-and-Handle
PFH - Prudential Financial
Emerged: 06/10/24
Breakout: $19.38
Price: $19.12
Target price: $19.91
A.I.dvisor detected a bullish Cup-and-Handle pattern for PFH stock. This pattern was detected on June 10, 2024 . The odds of reaching the target price are . The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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