PNM Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom PNM on July 12, 2024, netting in a 8.39% gain over 1 month

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07/25/24

+8.39% Gain from a Successful pattern Head-and-Shoulders Bottom

PNM - PNM Resources

Ticker: PNM

Company: PNM Resources

Gain: +8.39%

Confirmed: 07/12/24

Succeeded: 07/24/24

Total length: 40 days

On June 14, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for PNM Resources (PNM, $37.56). On July 12, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $40.59. 12 days later, on July 24, 2024, PNM reached the target price resulting in a for traders who took a long position in the stock.

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