Tickeron detected bearish ETF Pattern: Three Falling Peaks on January 22, 2024

A.I.dvisor
at Tickeron.com
01/24/24
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Three Falling Peaks
SPSK - SP Funds Dow Jones Global Sukuk ETF
Emerged: 01/22/24
Confirmed: 01/23/24
Breakout: $17.71
Price: $17.76
Target price: $17.39
A.I.dvisor detected a bearish Three Falling Peaks pattern for SPSK stock. This pattern was detected on January 22, 2024 and confirmed on January 23, 2024 . The odds of reaching the target price are 6. The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line. 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 moves below the breakout level.
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SPSKDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category WorldBond

Profile
Fundamentals
Details
Category
Global Bond
Address
Tidal ETF Trust234 West Florida Street, Suite 203Milwaukee
Phone
844-986-7676
Web
N/A