MFLX Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending MFLX on March 13, 2025, netting in a 1.24% gain over 1 month

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+1.24% Gain from a Successful pattern Broadening Wedge Ascending

MFLX - First Trust Flexible Muncpl Hgh Inc ETF

Ticker: MFLX

Company: First Trust Flexible Muncpl Hgh Inc ETF

Gain from shorting: +1.24%

Confirmed: 03/13/25

Succeeded: 03/25/25

Total length: 48 days

On February 05, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for First Trust Flexible Muncpl Hgh Inc ETF (MFLX, $17.18). 36 days later, on March 13, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 25, 2025, the stock hit the target price of $16.90 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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