CBON Stock Tickeron detected bearish ETF Pattern: Broadening Top CBON on October 14, 2024, netting in a 0.37% gain over 1 month

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+0.37% Gain from a Successful pattern Broadening Top

CBON - VanEck China Bond ETF

Ticker: CBON

Company: VanEck China Bond ETF

Gain from shortening: +0.37%

Confirmed: 10/14/24

Succeeded: 11/05/24

Total length: 47 days

On September 19, 2024, A.I.dvisor detected a Broadening Top Pattern (Bearish) for VanEck China Bond ETF (CBON, $22.53). 25 days later, on October 14, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 05, 2024, the stock hit the target price of $22.06 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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