Tickeron detected bearish ETF Pattern: Rectangle Bottom HDRO on April 15, 2024, netting in a 6.75% gain over 1 week

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04/26/24

+6.75% Gain from a Successful pattern Rectangle Bottom

HDRO - Defiance Next Gen H2 ETF

Ticker: HDRO

Company: Defiance Next Gen H2 ETF

Gain from shortening: +6.75%

Confirmed: 04/15/24

Succeeded: 04/25/24

Total length: 13 days

On April 12, 2024, A.I.dvisor detected a Rectangle Bottom Pattern (Bearish) for Defiance Next Gen H2 ETF (HDRO, $5.04). 3 days later, on April 15, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 25, 2024, the stock hit the target price of $4.57 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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