WVVI Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Descending on June 14, 2024

A.I.dvisor
at Tickeron.com
06/16/24
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Broadening Wedge Descending
WVVI - Willamette Valley Vineyards
Emerged: 06/14/24
Breakout: $3.9
Price: $4.04
Target price: $3.53
A.I.dvisor detected a bearish Broadening Wedge Descending pattern for WVVI stock. This pattern was detected on June 14, 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.
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published General Information

General Information

an american winery

Industry BeveragesAlcoholic

Profile
Fundamentals
Details
Industry
Beverages Alcoholic
Address
8800 Enchanted Way, South East
Phone
+1 503 588-9463
Employees
346
Web
https://www.wvv.com