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ITRM Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse ITRM on September 04, 2024, netting in a 22.89% gain over 1 month

A.I.dvisor
at Tickeron.com
10/11/24
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+22.89% Gain from a Successful pattern Cup-and-Handle Inverse
ITRM - Iterum Therapeutics plc
Ticker: ITRM
Company: Iterum Therapeutics plc
Gain from shortening: +22.89%
Confirmed: 09/04/24
Succeeded: 10/09/24
Total length: 40 days
On August 30, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Iterum Therapeutics plc (ITRM, $1.18). 5 days later, on September 04, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 09, 2024, the stock hit the target price of $0.82 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.
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General Information

an operator, which engages in the healthcare industry focusing on biotechnology business

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
Fitzwilliam Court
Phone
+353 16694820
Employees
14
Web
https://www.iterumtx.com