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IBOT Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending IBOT on March 31, 2025, netting in a 6.53% gain over 6 days

A.I.dvisor
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+6.53% Gain from a Successful pattern Broadening Wedge Descending
IBOT - VanEck Robotics ETF
Tickeron
Ticker: IBOT
Company: VanEck Robotics ETF
Gain from shorting: +6.53%
Confirmed: 03/31/25
Succeeded: 04/03/25
Total length: 6 days
On March 28, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for VanEck Robotics ETF (IBOT, $39.82). 3 days later, on March 31, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $37.21 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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