PPEM Stock Tickeron detected bullish ETF Pattern: Wedge Falling on October 30, 2024

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Wedge Falling

PPEM - Putnam PanAgora ESG Emerg Mkts Eq ETF

Emerged: 10/30/24

Breakout: $22.88

Price: $22.42

Target price: $23.19

A.I.dvisor detected a bullish Wedge Falling pattern for PPEM stock. This pattern was detected on October 30, 2024 . The odds of reaching the target price are 7. The Falling Wedge pattern forms when the price of a security appears to be spiraling downward, and two down-sloping lines are created with the price hitting lower lows (1, 3, 5) and lower highs (2, 4). Consider buying a security or call option. The confirmation move is when the price breaks out of the last high touching the top line.

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