XELB Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending XELB on November 18, 2024, netting in a 13.48% gain over 4 weeks

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+13.48% Gain from a Successful pattern Broadening Wedge Ascending

XELB - Xcel Brands

Ticker: XELB

Company: Xcel Brands

Gain from shortening: +13.48%

Confirmed: 11/18/24

Succeeded: 11/19/24

Total length: 28 days

On October 22, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Xcel Brands (XELB, $0.81). 27 days later, on November 18, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 19, 2024, the stock hit the target price of $0.71 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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General Information

a brand management and development company

Industry ApparelFootwear

Profile

Fundamentals

Details

Industry

Information Technology Services

Address

1333 Broadway

Phone

+1 347 727-2474

Employees

Web

https://www.xcelbrands.com