KWT Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top KWT on June 13, 2024, netting in a 2.24% gain over 2 weeks

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06/29/24

+2.24% Gain from a Successful pattern Head-and-Shoulders Top

KWT - iShares® MSCI Kuwait ETF

Ticker: KWT

Company: iShares® MSCI Kuwait ETF

Gain from shortening: +2.24%

Confirmed: 06/13/24

Succeeded: 06/26/24

Total length: 16 days

On June 10, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for iShares® MSCI Kuwait ETF (KWT, $31.65). 3 days later, on June 13, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 26, 2024, the stock hit the target price of $31.46 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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