Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top FONR on March 06, 2024, netting in a 8.05% gain over 2 weeks

A.I.dvisor
at Tickeron.com
03/20/24
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+8.05% Gain from a Successful pattern Head-and-Shoulders Top
FONR - Fonar Corp
Ticker: FONR
Company: Fonar
Gain from shortening: +8.05%
Confirmed: 03/06/24
Succeeded: 03/19/24
Total length: 15 days
On March 04, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Fonar Corp (FONR, $22.99). 2 days later, on March 06, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 19, 2024, the stock hit the target price of $21.42 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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FONRDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of s magnetic resonance imaging scanners

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
110 Marcus Drive
Phone
+1 631 694-2929
Employees
561
Web
https://www.fonar.com