XITK Stock Tickeron detected bearish ETF Pattern: Rectangle Top XITK on February 27, 2025, netting in a 9.71% gain over 1 month

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+9.71% Gain from a Successful pattern Rectangle Top

XITK - SPDR® FactSet Innovative Technology ETF

Ticker: XITK

Company: SPDR® FactSet Innovative Technology ETF

Gain from shorting: +9.71%

Confirmed: 02/27/25

Succeeded: 03/06/25

Total length: 42 days

On January 23, 2025, A.I.dvisor detected a Rectangle Top Pattern (Bearish) for SPDR® FactSet Innovative Technology ETF (XITK, $185.85). 35 days later, on February 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 06, 2025, the stock hit the target price of $164.62 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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