Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse BWX on January 09, 2024, netting in a 2.20% gain over 4 weeks

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02/07/24

+2.20% Gain from a Successful pattern Cup-and-Handle Inverse

BWX - SPDR® Blmbg Intl Trs Bd ETF

Ticker: BWX

Company: SPDR® Blmbg Intl Trs Bd ETF

Gain from shortening: +2.2%

Confirmed: 01/09/24

Succeeded: 02/06/24

Total length: 29 days

On January 08, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for SPDR® Blmbg Intl Trs Bd ETF (BWX, $22.78). 1 day later, on January 09, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 06, 2024, the stock hit the target price of $22.12 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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