PPA Stock Invesco Aerospace & Defense ETF (PPA, $108) price may drop as it broke higher Bollinger Band on Jul 23, 2024

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07/24/24

PPA - Invesco Aerospace & Defense ETF

Bollinger signal

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Odds of DOWN Trend

Price: $108

Daily change: +$2.2 (+2.08%)

Daily volume: 195.9K

Net Assets: $3.5B

This price move could be a signal that PPA may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 38 similar cases where PPA's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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