Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse INFA on April 22, 2024, netting in a 12.33% gain over 1 week

A.I.dvisor
at Tickeron.com
05/02/24
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+12.33% Gain from a Successful pattern Cup-and-Handle Inverse
INFA - Informatica
Ticker: INFA
Company: Informatica
Gain from shortening: +12.33%
Confirmed: 04/22/24
Succeeded: 05/01/24
Total length: 12 days
On April 19, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Informatica (INFA, $35.19). 3 days later, on April 22, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 01, 2024, the stock hit the target price of $30.79 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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INFADaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
2100 Seaport Boulevard
Phone
+1 650 385-5000
Employees
5000
Web
https://www.informatica.com