SSB Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse SSB on May 29, 2024, netting in a 7.40% gain over 1 month

A.I.dvisor
at Tickeron.com
06/12/24
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+7.40% Gain from a Successful pattern Cup-and-Handle Inverse
SSB - SouthState Corp
Ticker: SSB
Company: SouthState
Gain from shortening: +7.4%
Confirmed: 05/29/24
Succeeded: 06/11/24
Total length: 40 days
On May 02, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for SouthState Corp (SSB, $77.75). 27 days later, on May 29, 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 $71.58 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
1101 First Street South
Phone
+1 863 293-4710
Employees
5284
Web
https://www.southstatebank.com