Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom on April 26, 2024

A.I.dvisor
at Tickeron.com
04/27/24
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Triangle Symmetrical Bottom
RDUS - Radius Recycling
Emerged: 04/26/24
Breakout: $17.26
Price: $18.14
Target price: $15.81
A.I.dvisor detected a bearish Triangle Symmetrical Bottom pattern for RDUS stock. This pattern was detected on April 26, 2024 . The odds of reaching the target price are 6. The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. Points (1, 5) form the triangle patterns. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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RDUSDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of drug therapies for the treatment of osteoporosis and other women's health conditions

Industry Steel

Profile
Fundamentals
Details
Industry
Biotechnology
Address
299 SW Clay Street
Phone
+1 503 224-9900
Employees
3353
Web
https://www.radiusrecycling.com