BEAM Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top BEAM on June 07, 2024, netting in a 5.95% gain over 2 weeks

A.I.dvisor
at Tickeron.com
06/22/24
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+5.95% Gain from a Successful pattern Head-and-Shoulders Top
BEAM - Beam Therapeutics
Ticker: BEAM
Company: Beam Therapeutics
Gain from shortening: +5.95%
Confirmed: 06/07/24
Succeeded: 06/21/24
Total length: 18 days
On June 03, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Beam Therapeutics (BEAM, $24.38). 4 days later, on June 07, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 21, 2024, the stock hit the target price of $22.59 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a company, which develops and commercializes DNA base editing technologies for the treatment of human disease.

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
238 Main Street
Phone
+1 857 327-8775
Employees
436
Web
https://www.beamtx.com