IQM Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top IQM on February 20, 2025, netting in a 12.38% gain over 1 month

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+12.38% Gain from a Successful pattern Head-and-Shoulders Top

IQM - Franklin Intelligent Machines ETF

Ticker: IQM

Company: Franklin Intelligent Machines ETF

Gain from shortening: +12.38%

Confirmed: 02/20/25

Succeeded: 03/03/25

Total length: 32 days

On January 30, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Franklin Intelligent Machines ETF (IQM, $68.57). 21 days later, on February 20, 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 $60.19 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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