Tickeron detected bullish ETF Pattern: Three Rising Valleys on September 08, 2023

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09/11/23

Three Rising Valleys

UMMA - Wahed Dow Jones Islamic World ETF

Emerged: 09/08/23

Breakout: $21.39

Price: $21.02

Target price: $22.06

A.I.dvisor detected a bullish Three Rising Valleys pattern for UMMA stock. This pattern was detected on September 08, 2023 . The odds of reaching the target price are 6. The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) are arranged along an upward sloping trend line. 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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