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SPCX Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending SPCX on February 19, 2025, netting in a 0.82% gain over 7 days

A.I.dvisor
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+0.82% Gain from a Successful pattern Broadening Wedge Ascending
SPCX - SPAC and New Issue ETF
Tickeron
Ticker: SPCX
Company: SPAC and New Issue ETF
Gain from shortening: +0.82%
Confirmed: 02/19/25
Succeeded: 02/19/25
Total length: 7 days
On February 12, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for SPAC and New Issue ETF (SPCX, $23.85). 7 days later, on February 19, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 19, 2025, the stock hit the target price of $23.39 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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