NIKL Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending NIKL on February 03, 2025, netting in a 5.82% gain over 1 month

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+5.82% Gain from a Successful pattern Broadening Wedge Descending

NIKL - Sprott Nickel Miners ETF

Ticker: NIKL

Company: Sprott Nickel Miners ETF

Gain from shortening: +5.82%

Confirmed: 02/03/25

Succeeded: 03/03/25

Total length: 31 days

On January 31, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for Sprott Nickel Miners ETF (NIKL, $9.96). 3 days later, on February 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 03, 2025, the stock hit the target price of $9.13 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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