Tickeron detected bearish ETF Pattern: Triangle Symmetrical Bottom on January 23, 2024

A.I.dvisor
at Tickeron.com
01/24/24
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Triangle Symmetrical Bottom
VCIT - Vanguard Interm-Term Corp Bd ETF
Emerged: 01/23/24
Breakout: $80.16
Price: $80.47
Target price: $79.14
A.I.dvisor detected a bearish Triangle Symmetrical Bottom pattern for VCIT stock. This pattern was detected on January 23, 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. Points (1, 5) form the triangle patterns. 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 falls below the breakout level.
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VCITDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Corporate Bond
Address
Vanguard Scottsdale FundsPO Box 2600 V26Valley Forge
Phone
N/A
Web
www.vanguard.com