KTEC Stock Tickeron detected bearish ETF Pattern: Wedge Falling KTEC on June 27, 2024, netting in a 5.70% gain over 4 weeks

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07/25/24

+5.70% Gain from a Successful pattern Wedge Falling

KTEC - KraneShares Hang Seng TECH ETF

Ticker: KTEC

Company: KraneShares Hang Seng TECH ETF

Gain from shortening: +5.7%

Confirmed: 06/27/24

Succeeded: 07/24/24

Total length: 29 days

On June 25, 2024, A.I.dvisor detected a Wedge Falling Pattern (Bearish) for KraneShares Hang Seng TECH ETF (KTEC, $11.41). 2 days later, on June 27, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 24, 2024, the stock hit the target price of $10.86 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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