QEMM Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending on July 05, 2024

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07/25/24

Broadening Wedge Ascending

QEMM - SPDR® MSCI Emerging Mkts StratcFacts ETF

Emerged: 07/05/24

Breakout: $58.11

Price: $59.16

Target price: $57.89

A.I.dvisor detected a bearish Broadening Wedge Ascending pattern for QEMM stock. This pattern was detected on July 05, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Ascending pattern forms when a security price progressively makes higher highs (1, 3, 5) and higher lows (2, 4), following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low that touches the bottom line (4).

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