SAFT Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse SAFT on May 22, 2024, netting in a 5.14% gain over 1 month

A.I.dvisor
at Tickeron.com
06/12/24
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+5.14% Gain from a Successful pattern Cup-and-Handle Inverse
SAFT - Safety Insurance Group
Ticker: SAFT
Company: Safety Insurance Group
Gain from shortening: +5.14%
Confirmed: 05/22/24
Succeeded: 06/11/24
Total length: 40 days
On May 02, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Safety Insurance Group (SAFT, $80.06). 20 days later, on May 22, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 11, 2024, the stock hit the target price of $74.60 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of private passenger automobile insurance services

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
20 Custom House Street
Phone
+1 617 951-0600
Employees
539
Web
N/A