CAR Stock Tickeron detected bearish Stock Pattern: Rectangle Bottom CAR on July 01, 2024, netting in a 2.80% gain over 3 weeks

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07/26/24

+2.80% Gain from a Successful pattern Rectangle Bottom

CAR - Avis Budget Group

Ticker: CAR

Company: Avis Budget Group

Gain from shortening: +2.8%

Confirmed: 07/01/24

Succeeded: 07/25/24

Total length: 27 days

On June 28, 2024, A.I.dvisor detected a Rectangle Bottom Pattern (Bearish) for Avis Budget Group (CAR, $104.52). 3 days later, on July 01, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $96.75 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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