Tickeron detected bearish Stock Pattern: Broadening Top VRTX on February 02, 2024, netting in a 8.36% gain over 1 month

A.I.dvisor
at Tickeron.com
03/15/24
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+8.36% Gain from a Successful pattern Broadening Top
VRTX - Vertex Pharmaceuticals
Ticker: VRTX
Company: Vertex Pharmaceuticals
Gain from shortening: +8.36%
Confirmed: 02/02/24
Succeeded: 03/14/24
Total length: 44 days
On January 30, 2024, A.I.dvisor detected a Broadening Top Pattern (Bearish) for Vertex Pharmaceuticals (VRTX, $446.08). 3 days later, on February 02, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 14, 2024, the stock hit the target price of $409.04 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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VRTXDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a company that discovers and develops novel, small molecule pharmaceuticals

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
50 Northern Avenue
Phone
+1 617 341-6100
Employees
5400
Web
https://www.vrtx.com