LXRX Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending LXRX on February 10, 2025, netting in a 29.80% gain over 2 weeks

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+29.80% Gain from a Successful pattern Broadening Wedge Ascending

LXRX - Lexicon Pharmaceuticals

Ticker: LXRX

Company: Lexicon Pharmaceuticals

Gain from shortening: +29.8%

Confirmed: 02/10/25

Succeeded: 02/11/25

Total length: 18 days

On January 24, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Lexicon Pharmaceuticals (LXRX, $0.99). 17 days later, on February 10, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 11, 2025, the stock hit the target price of $0.68 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

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General Information

a company, which engages in discovery and development of breakthrough treatments for human disease

Industry Biotechnology

Profile

Fundamentals

Details

Industry

Biotechnology

Address

2445 Technology Forest Boulevard

Phone

+1 281 863-3000

Employees

285

Web

https://www.lexpharma.com