GGB Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top GGB on July 23, 2024, netting in a 4.23% gain over 1 week

GET DAILY SIGNALS

Get AI intraday signals

A.I.dvisor
at Tickeron.com

Buy or Sell

View Daily Signals

07/25/24

+4.23% Gain from a Successful pattern Head-and-Shoulders Top

GGB - Gerdau SA

Ticker: GGB

Company: Gerdau SA

Gain from shortening: +4.23%

Confirmed: 07/23/24

Succeeded: 07/24/24

Total length: 13 days

On July 11, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Gerdau SA (GGB, $3.31). 12 days later, on July 23, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 24, 2024, the stock hit the target price of $3.14 – resulting in a gain for traders who shorted the stock on the pattern detection date.

View a ticker or compare two or three

Compare

GGB