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FN Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Top FN on July 18, 2024, netting in a 9.78% gain over 2 weeks

A.I.dvisor
at Tickeron.com
07/26/24
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+9.78% Gain from a Successful pattern Triangle Symmetrical Top
FN - Fabrinet
Ticker: FN
Company: Fabrinet
Gain from shortening: +9.78%
Confirmed: 07/18/24
Succeeded: 07/25/24
Total length: 16 days
On July 09, 2024, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Fabrinet (FN, $239.90). 9 days later, on July 18, 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 $221.39 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of precision optical, electro-mechanical and electronic manufacturing services

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
C/o Intertrust Corporate Services (Cayman) Limited
Phone
+1 662 524-9600
Employees
14663
Web
https://www.fabrinet.com