CHIQ Stock Tickeron detected bearish ETF Pattern: Wedge Falling CHIQ on June 11, 2024, netting in a 9.38% gain over 1 month

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07/26/24

+9.38% Gain from a Successful pattern Wedge Falling

CHIQ - Global X MSCI China Consumer Disc ETF

Ticker: CHIQ

Company: Global X MSCI China Consumer Disc ETF

Gain from shortening: +9.38%

Confirmed: 06/11/24

Succeeded: 07/25/24

Total length: 45 days

On June 10, 2024, A.I.dvisor detected a Wedge Falling Pattern (Bearish) for Global X MSCI China Consumer Disc ETF (CHIQ, $17.87). 1 day later, on June 11, 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 $16.22 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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