AXR Stock Tickeron detected bearish Stock Pattern: Triangle Descending AXR on April 25, 2024, netting in a 20.29% gain over 1 month

A.I.dvisor
at Tickeron.com
06/19/24
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+20.29% Gain from a Successful pattern Triangle Descending
AXR - AMREP Corp
Ticker: AXR
Company: AMREP
Gain from shortening: +20.29%
Confirmed: 04/25/24
Succeeded: 06/17/24
Total length: 54 days
On April 24, 2024, A.I.dvisor detected a Triangle Descending Pattern (Bearish) for AMREP Corp (AXR, $20.70). 1 day later, on April 25, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 17, 2024, the stock hit the target price of $17.09 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.
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General Information

a developer of real estate, constructs single-family homes, and distributes magazines

Industry RealEstateDevelopment

Profile
Fundamentals
Details
Industry
Real Estate Development
Address
850 West Chester Pike
Phone
+1 610 487-0905
Employees
28
Web
https://www.amrepcorp.com