IGOV Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse IGOV on May 29, 2024, netting in a 0.95% gain over 2 weeks

A.I.dvisor
at Tickeron.com
06/12/24
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+0.95% Gain from a Successful pattern Cup-and-Handle Inverse
IGOV - iShares International Treasury Bond ETF
Ticker: IGOV
Company: iShares International Treasury Bond ETF
Gain from shortening: +0.95%
Confirmed: 05/29/24
Succeeded: 06/11/24
Total length: 18 days
On May 24, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for iShares International Treasury Bond ETF (IGOV, $39.10). 5 days later, on May 29, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 11, 2024, the stock hit the target price of $38.37 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

Category WorldBond

Profile
Fundamentals
Details
Category
Global Bond
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com