XDOC Stock Tickeron detected bullish ETF Pattern: Pennant on January 31, 2025

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XDOC - Innovator US Equity Accelerated ETF Oct

Emerged: 01/31/25

Breakout: $31.13

Price: $31.13

Target price: $32.19

A.I.dvisor detected a bullish Pennant pattern for XDOC stock. This pattern was detected on January 31, 2025 . 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.