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UTSI Stock Tickeron detected bearish Stock Pattern: Triple Tops UTSI on October 31, 2024, netting in a 11.80% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+11.80% Gain from a Successful pattern Triple Tops
UTSI - UTStarcom Holdings Corp
Tickeron
Ticker: UTSI
Company: UTStarcom Holdings
Gain from shortening: +11.8%
Confirmed: 10/31/24
Succeeded: 11/14/24
Total length: 20 days
On October 25, 2024, A.I.dvisor detected a Triple Tops Pattern (Bearish) for UTStarcom Holdings Corp (UTSI, $2.98). 6 days later, on October 31, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 14, 2024, the stock hit the target price of $2.50 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of communications equipment and services

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
368 Liuhe Road
Phone
+86 57181928888
Employees
241
Web
https://www.utstar.com