METC Stock Tickeron detected bearish Stock Pattern: Three Falling Peaks METC on May 09, 2024, netting in a 21.06% gain over 1 month

A.I.dvisor
at Tickeron.com
06/13/24
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+21.06% Gain from a Successful pattern Three Falling Peaks
METC - Ramaco Resources
Ticker: METC
Company: Ramaco Resources
Gain from shortening: +21.06%
Confirmed: 05/09/24
Succeeded: 06/12/24
Total length: 47 days
On April 26, 2024, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Ramaco Resources (METC, $15.82). 13 days later, on May 09, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 12, 2024, the stock hit the target price of $12.54 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.
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General Information

a developer of coal mining properties

Industry Coal

Profile
Fundamentals
Details
Industry
Coal
Address
250 West Main Street
Phone
+1 859 244-7455
Employees
811
Web
https://www.ramacoresources.com