INAQU Stock Tickeron detected bearish Stock Pattern: Broadening Top INAQU on November 04, 2024, netting in a 21.91% gain over 4 days

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11/06/24

+21.91% Gain from a Successful pattern Broadening Top

INAQU - Insight Acquisition Corp

Ticker: INAQU

Company: Insight Acquisition

Gain from shortening: +21.91%

Confirmed: 11/04/24

Succeeded: 11/04/24

Total length: 4 days

On October 31, 2024, A.I.dvisor detected a Broadening Top Pattern (Bearish) for Insight Acquisition Corp (INAQU, $12.28). 4 days later, on November 04, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 04, 2024, the stock hit the target price of $10.02 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

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General Information

a blank check company, which is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization

Industry FinancialConglomerates

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