Webull Stock Surges 13% as SEC Scraps Pattern Day Trader Rule

Key Facts

1Webull (BULL) stock jumped 13%, reaching its highest level since March 2025.

2The rally followed the SEC's decision to end the Pattern Day Trader (PDT) rule.

3Technical analysis shows a bullish 'falling wedge' pattern forming on the daily timeframe.

Webull (BULL) shares surged by 13%, hitting their highest level since March 2025, fueled by a combination of regulatory shifts and bullish technical indicators. The rally followed a landmark decision by the U.S. Securities and Exchange Commission (SEC) to terminate the Pattern Day Trader (PDT) rule, which previously restricted retail trading activity. This regulatory pivot is expected to significantly boost platform engagement and volume from retail investors, providing a fundamental tailwind for the brokerage. From a technical perspective, analysts identified a bullish 'falling wedge' pattern on the daily chart, signaling a potential reversal of the long-term downtrend. The confluence of this technical breakout and the removal of trading barriers suggests a strong upward momentum for the stock in the near term.