Tickeron detected bearish ETF Pattern: Three Falling Peaks FIG on September 21, 2023, netting in a 2.89% gain over 1 month

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10/19/23

+2.89% Gain from a Successful pattern Three Falling Peaks

FIG - Simplify Macro Strategy ETF

Ticker: FIG

Company: Simplify Macro Strategy ETF

Gain from shortening: +2.89%

Confirmed: 09/21/23

Succeeded: 10/18/23

Total length: 40 days

On September 08, 2023, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Simplify Macro Strategy ETF (FIG, $22.77). 13 days later, on September 21, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 18, 2023, the stock hit the target price of $22.08 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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