THG Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom THG on June 11, 2024, netting in a 6.89% gain over 1 month

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06/15/24

+6.89% Gain from a Successful pattern Triangle Symmetrical Bottom

THG - Hanover Insurance Group (The)

Ticker: THG

Company: Hanover Insurance Group (The)

Gain from shortening: +6.89%

Confirmed: 06/11/24

Succeeded: 06/14/24

Total length: 43 days

On May 02, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for Hanover Insurance Group (The) (THG, $129.78). 40 days later, on June 11, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 14, 2024, the stock hit the target price of $119.85 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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