MBI Stock Tickeron detected bearish Stock Pattern: Broadening Bottom MBI on July 17, 2024, netting in a 11.98% gain over 1 week

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07/26/24

+11.98% Gain from a Successful pattern Broadening Bottom

MBI - MBIA

Ticker: MBI

Company: MBIA

Gain from shortening: +11.98%

Confirmed: 07/17/24

Succeeded: 07/25/24

Total length: 13 days

On July 12, 2024, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for MBIA (MBI, $5.01). 5 days later, on July 17, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $4.45 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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