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OOTO Stock Tickeron detected bearish ETF Pattern: Broadening Bottom OOTO on February 24, 2025, netting in a 5.54% gain over 1 week

A.I.dvisor
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+5.54% Gain from a Successful pattern Broadening Bottom
OOTO - Direxion Daily Travel & Vctn Bll 2X ETF
Tickeron
Ticker: OOTO
Company: Direxion Daily Travel & Vctn Bll 2X ETF
Gain from shorting: +5.54%
Confirmed: 02/24/25
Succeeded: 03/05/25
Total length: 12 days
On February 21, 2025, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for Direxion Daily Travel & Vctn Bll 2X ETF (OOTO, $18.79). 3 days later, on February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 05, 2025, the stock hit the target price of $16.94 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/