IPO Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse IPO on February 24, 2025, netting in a 9.57% gain over 1 month

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+9.57% Gain from a Successful pattern Cup-and-Handle Inverse

IPO - Renaissance IPO ETF

Ticker: IPO

Company: Renaissance IPO ETF

Gain from shortening: +9.57%

Confirmed: 02/24/25

Succeeded: 03/03/25

Total length: 34 days

On January 28, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Renaissance IPO ETF (IPO, $44.83). 27 days later, on February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 03, 2025, the stock hit the target price of $39.74 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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