Tickeron detected bullish ETF Pattern: Triangle Descending on February 13, 2024

A.I.dvisor
at Tickeron.com
02/14/24
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Triangle Descending
PZA - Invesco National AMT-Free Muni Bd ETF
Emerged: 02/13/24
Breakout: $24.15
Price: $23.89
Target price: $24.56
A.I.dvisor detected a bullish Triangle Descending pattern for PZA stock. This pattern was detected on February 13, 2024 . 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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PZADaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category MuniNationalLong

Profile
Fundamentals
Details
Category
Muni National Long
Address
PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
Phone
N/A
Web
www.invescopowershares.com