PWUP Stock Tickeron detected bearish Stock Pattern: Dead Cat Bounce on November 06, 2024

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Dead Cat Bounce

PWUP - PowerUp Acquisition Corp

Emerged: 11/06/24

Breakout: $11.4

Price: $11.59

Target price: $10.36

A.I.dvisor detected a bearish Dead Cat Bounce pattern for PWUP stock. This pattern was detected on November 06, 2024 . The odds of reaching the target price are 6. The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.

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Industry FinancialConglomerates

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Industry

N/A

Address

188 Grand Street

Phone

+1 347 313-8109

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Web

https://www.powerupacq.com