Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse AGG on January 23, 2024, netting in a 1.18% gain over 3 weeks

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02/14/24

+1.18% Gain from a Successful pattern Cup-and-Handle Inverse

AGG - iShares Core US Aggregate Bond ETF

Ticker: AGG

Company: iShares Core US Aggregate Bond ETF

Gain from shortening: +1.18%

Confirmed: 01/23/24

Succeeded: 02/13/24

Total length: 22 days

On January 22, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for iShares Core US Aggregate Bond ETF (AGG, $97.91). 1 day later, on January 23, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 13, 2024, the stock hit the target price of $96.79 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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