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TAIT Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom on November 12, 2024

A.I.dvisor
at Tickeron.com
11/13/24
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Triangle Symmetrical Bottom
TAIT - Taitron Components
Tickeron
Emerged: 11/12/24
Breakout: $2.89
Price: $2.86
Target price: $2.98
A.I.dvisor detected a bullish Triangle Symmetrical Bottom pattern for TAIT stock. This pattern was detected on November 12, 2024 . The odds of reaching the target price are 6. The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. As the support and resistance levels consolidate, they form a triangle. Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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A.I. Advisor
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General Information

an electronic components manufacturer

Industry ElectronicsDistributors

Profile
Fundamentals
Details
Industry
Electronics Distributors
Address
28040 West Harrison Parkway
Phone
+1 661 257-6060
Employees
15
Web
https://www.taitroncomponents.com