MARPS Stock Tickeron detected bearish Stock Pattern: Triangle Descending MARPS on October 30, 2024, netting in a 3.99% gain over 2 weeks

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+3.99% Gain from a Successful pattern Triangle Descending

MARPS - Marine Petroleum Trust

Ticker: MARPS

Company: Marine Petroleum Trust

Gain from shortening: +3.99%

Confirmed: 10/30/24

Succeeded: 11/14/24

Total length: 15 days

On October 30, 2024, A.I.dvisor detected a Triangle Descending Pattern (Bearish) for Marine Petroleum Trust (MARPS, $4.01). On October 30, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 14, 2024, the stock hit the target price of $3.85 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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A.I. Advisor

published General Information

General Information

a royalty trust, which engages in the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico

Industry OilGasPipelines

Profile

Fundamentals

Details

Industry

N/A

Address

c/o Corporate Trustee, Argent Trust Company

Phone

+1 855 588-7839

Employees

N/A

Web

https://www.marps-marine.com