SMTK Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Descending SMTK on September 23, 2024, netting in a 40.24% gain over 2 weeks

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10/09/24

+40.24% Gain from a Successful pattern Broadening Wedge Descending

SMTK - SmartKem Inc.

Ticker: SMTK

Company: SmartKem

Gain from shortening: +40.24%

Confirmed: 09/23/24

Succeeded: 10/07/24

Total length: 17 days

On September 20, 2024, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for SmartKem Inc. (SMTK, $4.94). 3 days later, on September 23, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 07, 2024, the stock hit the target price of $2.92 – resulting in a +4 gain for traders who shorted the stock on the pattern detection date.

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Delaunays Road

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+44 1617211514

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https://www.smartkem.com