Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on April 16, 2024

A.I.dvisor
at Tickeron.com
04/17/24
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Head-and-Shoulders Bottom
PRST - Presto Automation
Emerged: 04/16/24
Breakout: $0.19815
Price: $0.1731
Target price: $0.2298
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for PRST stock. This pattern was detected on April 16, 2024 . The odds of reaching the target price are 8. 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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PRSTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
985 Industrial Road
Phone
+1 650 817-9012
Employees
286
Web
https://www.presto.com