Tickeron detected bullish ETF Pattern: Broadening Wedge Descending on April 15, 2024

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04/19/24

Broadening Wedge Descending

RIGS - RiverFront Strategic Income ETF

Emerged: 04/15/24

Breakout: $22.82

Price: $22.5

Target price: $22.88

A.I.dvisor detected a bullish Broadening Wedge Descending pattern for RIGS stock. This pattern was detected on April 15, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Descending pattern forms when the price of a security makes lower lows (1, 3, 5) and lower highs (2, 4), forming a downtrend. Consider buying a security or call option at the upward breakout price level.

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RIGS

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