PXI Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top PXI on February 20, 2025, netting in a 3.15% gain over 1 week

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+3.15% Gain from a Successful pattern Head-and-Shoulders Top

PXI - Invesco Dorsey Wright Energy MomentumETF

Ticker: PXI

Company: Invesco Dorsey Wright Energy MomentumETF

Gain from shortening: +3.15%

Confirmed: 02/20/25

Succeeded: 02/24/25

Total length: 10 days

On February 14, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Invesco Dorsey Wright Energy MomentumETF (PXI, $45.87). 6 days later, on February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 24, 2025, the stock hit the target price of $44.03 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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