FRD Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on April 30, 2024

A.I.dvisor
at Tickeron.com
05/04/24
Loading...
Cup-and-Handle
FRD - Friedman Industries
Emerged: 04/30/24
Confirmed: 05/01/24
Breakout: $19.4
Price: $19.38
Target price: $20.4
A.I.dvisor detected a bullish Cup-and-Handle pattern for FRD stock. This pattern was detected on April 30, 2024 and confirmed on May 01, 2024 . The odds of reaching the target price are . The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
View a ticker or compare two or three
FRDDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of processes and distributes pipes and steel

Industry Steel

Profile
Fundamentals
Details
Industry
Metal Fabrication
Address
1121 Judson Road
Phone
+1 903 758-3431
Employees
99
Web
https://www.friedmanindustries.com