BRF Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top BRF on October 08, 2024, netting in a 6.72% gain over 1 month

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+6.72% Gain from a Successful pattern Head-and-Shoulders Top

BRF - VanEck Brazil Small-Cap ETF

Ticker: BRF

Company: VanEck Brazil Small-Cap ETF

Gain from shortening: +6.72%

Confirmed: 10/08/24

Succeeded: 10/31/24

Total length: 37 days

On September 24, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for VanEck Brazil Small-Cap ETF (BRF, $14.78). 14 days later, on October 08, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 31, 2024, the stock hit the target price of $13.68 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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