Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on April 26, 2024

A.I.dvisor
at Tickeron.com
04/30/24
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Head-and-Shoulders Bottom
PFIE - Profire Energy
Emerged: 04/26/24
Breakout: $1.87
Price: $1.81
Target price: $2
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for PFIE stock. This pattern was detected on April 26, 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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PFIEDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of oilfield combustion management systems and related burner products

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
321 South 1250 West
Phone
+1 801 796-5127
Employees
123
Web
https://www.profireenergy.com