Tickeron detected bearish ETF Pattern: Rectangle Bottom EZJ on April 16, 2024, netting in a 6.70% gain over 1 week

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04/26/24

+6.70% Gain from a Successful pattern Rectangle Bottom

EZJ - ProShares Ultra MSCI Japan

Ticker: EZJ

Company: ProShares Ultra MSCI Japan

Gain from shortening: +6.7%

Confirmed: 04/16/24

Succeeded: 04/25/24

Total length: 10 days

On April 15, 2024, A.I.dvisor detected a Rectangle Bottom Pattern (Bearish) for ProShares Ultra MSCI Japan (EZJ, $40.63). 1 day later, on April 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 25, 2024, the stock hit the target price of $37.61 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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