PHI Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending PHI on June 18, 2024, netting in a 7.84% gain over 1 month

A.I.dvisor
at Tickeron.com
06/22/24
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+7.84% Gain from a Successful pattern Broadening Wedge Ascending
PHI - PLDT
Ticker: PHI
Company: PLDT
Gain from shortening: +7.84%
Confirmed: 06/18/24
Succeeded: 06/21/24
Total length: 38 days
On May 14, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for PLDT (PHI, $25.39). 35 days later, on June 18, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 21, 2024, the stock hit the target price of $23.23 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of local, long distance, international and cellular telephone services

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
Specialty Telecommunications
Address
Makati Avenue
Phone
+63 82500254
Employees
15596
Web
https://www.pldt.com