AlTorress

L - Loews Corp. is predicted to rise to a target price of $36.34

Long
NYSE:L   Loews Corporation
Emerged = 07/10/20
Breakout = $34.57
Target price = $36.34
Confirmed = 07/13/20
Price = $34.63

Tickeron A.I.dvisor detected a bullish Rectangle Top pattern for stock. This pattern was detected on July 10, 2020 and confirmed on July 13, 2020 . The odds of reaching the target price are 69.69%.
Two horizontal lines (top: 1, 3, 5) and (bottom: 2, 4) form the pattern as the security bounces up and down between support and resistance levels.
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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