PCYO Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending PCYO on May 16, 2024, netting in a 5.85% gain over 2 weeks

A.I.dvisor
at Tickeron.com
05/23/24
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+5.85% Gain from a Successful pattern Broadening Wedge Ascending
PCYO - Pure Cycle Corp
Ticker: PCYO
Company: Pure Cycle
Gain from shortening: +5.85%
Confirmed: 05/16/24
Succeeded: 05/22/24
Total length: 16 days
On May 06, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Pure Cycle Corp (PCYO, $9.91). 10 days later, on May 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 22, 2024, the stock hit the target price of $9.25 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of water and wastewater services

Industry WaterUtilities

Profile
Fundamentals
Details
Industry
Water Utilities
Address
34501 E. Quincy Avenue
Phone
+1 303 292-3456
Employees
38
Web
https://www.purecyclewater.com