KTN Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending KTN on June 28, 2024, netting in a 4.37% gain over 1 day

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06/29/24

+4.37% Gain from a Successful pattern Broadening Wedge Ascending

KTN - Structured Products CorTS Aon Capital A

Ticker: KTN

Company: Structured Products CorTS Aon Capital A

Gain from shortening: +4.37%

Confirmed: 06/28/24

Succeeded: 06/28/24

Total length: 1 day

On June 27, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Structured Products CorTS Aon Capital A (KTN, $27.70). 1 day later, on June 28, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 28, 2024, the stock hit the target price of $26.92 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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