RATE Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse RATE on February 04, 2025, netting in a 7.68% gain over 2 months

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+7.68% Gain from a Successful pattern Cup-and-Handle Inverse

RATE - Global X Interest Rate Hedge ETF

Ticker: RATE

Company: Global X Interest Rate Hedge ETF

Gain from shorting: +7.68%

Confirmed: 02/04/25

Succeeded: 04/03/25

Total length: 62 days

On January 31, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Global X Interest Rate Hedge ETF (RATE, $20.16). 4 days later, on February 04, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $18.33 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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