YCL Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom on June 07, 2024

A.I.dvisor
at Tickeron.com
06/08/24
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Head-and-Shoulders Bottom
YCL - ProShares Ultra Yen
Emerged: 06/07/24
Breakout: $22.02
Price: $21.79
Target price: $22.78
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for YCL stock. This pattern was detected on June 07, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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Category Trading

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Address
ProShares Trust II7501 WISCONSIN AVEBethesda
Phone
240-497-6400
Web
www.proshares.com