Tickeron detected bearish Stock Pattern: Triple Tops on March 27, 2024

A.I.dvisor
at Tickeron.com
03/28/24
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Triple Tops
ROST - Ross Stores
Emerged: 03/27/24
Breakout: $144.44
Price: $144.57
Target price: $141.72
A.I.dvisor detected a bearish Triple Tops pattern for ROST stock. This pattern was detected on March 27, 2024 . The odds of reaching the target price are . The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a 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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ROSTDaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
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General Information

an operator of discount clothing chains & sells closeout merchandise

Industry ApparelFootwearRetail

Profile
Fundamentals
Details
Industry
Apparel Or Footwear Retail
Address
5130 Hacienda Drive
Phone
+1 925 965-4400
Employees
101000
Web
https://www.rossstores.com