IPO Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse IPO on April 02, 2025, netting in a 6.80% gain over 1 day

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+6.80% Gain from a Successful pattern Cup-and-Handle Inverse

IPO - Renaissance IPO ETF

Ticker: IPO

Company: Renaissance IPO ETF

Gain from shorting: +6.8%

Confirmed: 04/02/25

Succeeded: 04/03/25

Total length: 1 day

On April 02, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Renaissance IPO ETF (IPO, $38.54). On April 02, 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 $34.55 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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