Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top CP on April 24, 2024, netting in a 11.57% gain over 1 week

A.I.dvisor
at Tickeron.com
05/02/24
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+11.57% Gain from a Successful pattern Head-and-Shoulders Top
CP - Canadian Pacific Kansas City Limited
Ticker: CP
Company: Canadian Pacific Kansas City
Gain from shortening: +11.57%
Confirmed: 04/24/24
Succeeded: 05/01/24
Total length: 8 days
On April 23, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Canadian Pacific Kansas City Limited (CP, $87.72). 1 day later, on April 24, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 01, 2024, the stock hit the target price of $77.44 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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a provider of rail and intermodal transportation services

Industry Railroads

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Industry
Railroads
Address
7550 Ogden Dale Road SouthEast
Phone
+1 403 319-3591
Employees
12754
Web
https://www.cpr.ca