MENU

UCYB Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse on January 06, 2025

A.I.dvisor
at Tickeron.com
Loading...
Cup-and-Handle Inverse
UCYB - ProShares Ultra Nasdaq Cybersecurity
Tickeron
Emerged: 01/06/25
Confirmed: 01/07/25
Breakout: $48.05
Price: $49.1
Target price: $45.42
A.I.dvisor detected a bearish Cup-and-Handle Inverse pattern for UCYB stock. This pattern was detected on January 06, 2025 and confirmed on January 07, 2025 . The odds of reaching the target price are 6. The Inverted Cup-and-Handle (sometimes called Inverted Cup-and-Holder) pattern forms when prices rise then decline to create an upside-down “U”like shape (1, 2, 3, also known as the Cup), followed by a shorter relatively straight price increase that bounces from the right lip (from 3 to 4, creating the Handle). Consider selling the security short or buying a put option at the downward breakout level. The confirmation move is the breakout of the price below the right cup lip.
View a ticker or compare two or three
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com