On May 24, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Tyra Biosciences (TYRA, $17.32). 4 days later, on May 28, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 28, 2024, the stock hit the target price of $15.25 – resulting in a gain for traders who shorted the stock on the pattern detection date.
TYRA's Stochastic Oscillator slumps oversold zone
The Stochastic Oscillator for TYRA moved into oversold territory on October 03, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.