A.I.dvisor detected a bearish Broadening Wedge Descending pattern for VGWAX stock. This pattern was detected on August 05, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Descending pattern forms when a security price makes lower lows (1, 3, 5) and lower highs (2, 4), forming two downward sloping lines that expand over time. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low touching the bottom line.