SOYB Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending SOYB on June 17, 2024, netting in a 7.84% gain over 1 month

A.I.dvisor
at Tickeron.com
06/22/24
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+7.84% Gain from a Successful pattern Broadening Wedge Ascending
SOYB - Teucrium Soybean ETF
Ticker: SOYB
Company: Teucrium Soybean ETF
Gain from shortening: +7.84%
Confirmed: 06/17/24
Succeeded: 06/21/24
Total length: 46 days
On May 06, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Teucrium Soybean ETF (SOYB, $26.01). 42 days later, on June 17, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 21, 2024, the stock hit the target price of $23.90 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
Details
Category
Commodities Focused
Address
232 Hidden Lake RoadBuilding ABrattleboro
Phone
802-257-1617
Web
www.teucriumcornfund.com