QRTEB Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on July 19, 2024

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07/24/24

Cup-and-Handle

QRTEB - Qurate Retail

Emerged: 07/19/24

Breakout: $4.22

Price: $3.8

Target price: $4.56

A.I.dvisor detected a bullish Cup-and-Handle pattern for QRTEB stock. This pattern was detected on July 19, 2024 . The odds of reaching the target price are 6. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.

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published General Information

General Information

a company which owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries

Industry InternetRetail

Profile

Fundamentals

Details

Industry

Catalog Or Specialty Distribution

Address

12300 Liberty Boulevard

Phone

+1 720 875-5300

Employees

20300

Web

https://www.qurateretail.com