TX Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Top TX on June 07, 2024, netting in a 15.51% gain over 2 weeks

A.I.dvisor
at Tickeron.com
06/19/24
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+15.51% Gain from a Successful pattern Triangle Symmetrical Top
TX - Ternium SA
Ticker: TX
Company: Ternium SA
Gain from shortening: +15.51%
Confirmed: 06/07/24
Succeeded: 06/18/24
Total length: 15 days
On June 03, 2024, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Ternium SA (TX, $43.52). 4 days later, on June 07, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 18, 2024, the stock hit the target price of $36.30 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

a manufacturer of steel products

Industry Steel

Profile
Fundamentals
Details
Industry
Steel
Address
26 Boulevard Royal
Phone
+352 26683152
Employees
34458
Web
https://www.ternium.com