XCOR Stock Tickeron detected bearish ETF Pattern: Dead Cat Bounce on December 31, 2024

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Dead Cat Bounce

XCOR - FundX ETF

Emerged: 12/31/24

Breakout: $71.71

Price: $72.48

Target price: $69.8

A.I.dvisor detected a bearish Dead Cat Bounce pattern for XCOR stock. This pattern was detected on December 31, 2024 . The odds of reaching the target price are 6. The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.

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