YJ Stock Tickeron detected bullish Stock Pattern: Triangle Descending on April 26, 2024

A.I.dvisor
at Tickeron.com
04/27/24
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Triangle Descending
YJ - Yunji
Emerged: 04/26/24
Breakout: $0.84
Price: $0.781
Target price: $0.936233
A.I.dvisor detected a bullish Triangle Descending pattern for YJ stock. This pattern was detected on April 26, 2024 . The odds of reaching the target price are 6. The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-sloping top line (2, 4). Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
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General Information

a membership-based e-commerce platform

Industry InternetRetail

Profile
Fundamentals
Details
Industry
Catalog Or Specialty Distribution
Address
Hipark Phase 2
Phone
+86 57181688920
Employees
493
Web
https://www.yunjiglobal.com