Tickeron detected bearish ETF Pattern: Wedge Rising GRNB on May 01, 2023, netting in a 1.09% gain over 2 weeks

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05/19/23

+1.09% Gain from a Successful pattern Wedge Rising

GRNB - VanEck Green Bond ETF

Ticker: GRNB

Company: VanEck Green Bond ETF

Gain from shortening: +1.09%

Confirmed: 05/01/23

Succeeded: 05/18/23

Total length: 20 days

On April 28, 2023, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for VanEck Green Bond ETF (GRNB, $23.59). 3 days later, on May 01, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 18, 2023, the stock hit the target price of $23.32 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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