Tickeron detected bullish ETF Pattern: Pennant on December 22, 2023

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12/23/23

Pennant

WBND - Western Asset Total Return ETF

Emerged: 12/22/23

Breakout: $20.69

Price: $20.69

Target price: $21.29

A.I.dvisor detected a bullish Pennant pattern for WBND stock. This pattern was detected on December 22, 2023 . The odds of reaching the target price are 6. The Rising Pennant forms when rising prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). Consider buying a security or call option at the breakout. When trading, wait for the confirmation move, which is when the price rises above the breakout level.

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WBND

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