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PRLHU Stock Tickeron detected bullish Stock Pattern: Triangle Descending on December 26, 2023

A.I.dvisor
at Tickeron.com
12/27/23
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Triangle Descending
PRLHU - Pearl Holdings Acquisition Corp
Emerged: 12/26/23
Breakout: $11.84
Price: $10.66
Target price: $12.96
A.I.dvisor detected a bullish Triangle Descending pattern for PRLHU stock. This pattern was detected on December 26, 2023 . The odds of reaching the target price are 6. The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-sloping top line (2, 4). Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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General Information

Industry FinancialConglomerates

Profile
Fundamentals
Details
Industry
N/A
Address
767 Third Avenue
Phone
+1 212 457-1540
Employees
3
Web
https://www.pearlhac.com