SMN Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top SMN on May 01, 2025, netting in a 9.75% gain over 2 months

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+9.75% Gain from a Successful pattern Head-and-Shoulders Top

SMN - ProShares UltraShort Materials

Ticker: SMN

Company: ProShares UltraShort Materials

Gain from shorting: +9.75%

Confirmed: 05/01/25

Succeeded: 06/03/25

Total length: 67 days

On March 28, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for ProShares UltraShort Materials (SMN, $16.08). 34 days later, on May 01, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 03, 2025, the stock hit the target price of $14.34 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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