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RIVDX Stock Tickeron detected bearish Mutual Fund Pattern: Triangle Descending on July 01, 2024

A.I.dvisor
at Tickeron.com
07/02/24
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Triangle Descending
RIVDX - American Funds International Vntg R-2
Emerged: 07/01/24
Breakout: $16.84
Price: $16.84
Target price: $16.35
A.I.dvisor detected a bearish Triangle Descending pattern for RIVDX stock. This pattern was detected on July 01, 2024 . The odds of reaching the target price are 6. The Descending Triangle pattern has a horizontal bottom (1, 3, 5) which represents the support level, and a down-sloping top line (2, 4). Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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General Information

Category ForeignLargeGrowth

Profile
Fundamentals
Details
Category
Foreign Large Growth
Address
American Funds International Vantage Fund6455 IRVINE CENTER DRIV
Phone
213-486-9200
Web
N/A