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

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12/27/23

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

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Fundamentals

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Industry

N/A

Address

767 Third Avenue

Phone

+1 212 457-1540

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https://www.pearlhac.com