Tickeron detected bearish ETF Pattern: Wedge Falling on January 24, 2024

A.I.dvisor
at Tickeron.com
01/26/24
Loading...
Wedge Falling
USBF - iShares® USD Bond Factor ETF
Emerged: 01/24/24
Breakout: $83.99
Price: $83.99
Target price: $82.92
A.I.dvisor detected a bearish Wedge Falling pattern for USBF stock. This pattern was detected on January 24, 2024 . The odds of reaching the target price are 6. The Falling Wedge pattern forms when prices appear to spiral downward, with lower lows (1, 3, 5) and lower highs (2, 4) creating two down-sloping trend lines that intersect to form a triangle. 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 rises above the breakout level.
View a ticker or compare two or three
USBFDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Intermediate Core-Plus Bond
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com