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GLP Stock Tickeron detected bearish Stock Pattern: Three Falling Peaks GLP on May 08, 2024, netting in a 11.31% gain over 2 months

A.I.dvisor
at Tickeron.com
07/17/24
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+11.31% Gain from a Successful pattern Three Falling Peaks
GLP - Global Partners LP
Ticker: GLP
Company: Global Partners
Gain from shortening: +11.31%
Confirmed: 05/08/24
Succeeded: 07/16/24
Total length: 85 days
On April 22, 2024, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Global Partners LP (GLP, $45.56). 16 days later, on May 08, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 16, 2024, the stock hit the target price of $40.35 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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GLP
Daily Signalchanged days ago
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General Information

a distributor of petroleum products

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
800 South Street
Phone
+1 781 894-8800
Employees
5060
Web
https://www.globalp.com