Tickeron detected bullish ETF Pattern: Wedge Falling MNA on March 27, 2023, netting in a 2.61% gain over 1 month

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+2.61% Gain from a Successful pattern Wedge Falling
MNA - IQ Merger Arbitrage ETF
Ticker: MNA
Company: IQ Merger Arbitrage ETF
Gain: +2.61%
Confirmed: 03/27/23
Succeeded: 04/13/23
Total length: 37 days

On March 07, 2023, A.I.dvisor detected a Wedge Falling Pattern (Bullish) for IQ Merger Arbitrage ETF (MNA, $31.01). On March 27, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $31.79. 17 days later, on April 13, 2023, MNA reached the target price resulting in a +2.61% for traders who took a long position in the stock.