XSD Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending XSD on July 24, 2024, netting in a 10.99% gain over 1 week

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07/26/24

+10.99% Gain from a Successful pattern Broadening Wedge Ascending

XSD - SPDR® S&P Semiconductor ETF

Ticker: XSD

Company: SPDR® S&P Semiconductor ETF

Gain from shortening: +10.99%

Confirmed: 07/24/24

Succeeded: 07/25/24

Total length: 13 days

On July 12, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for SPDR® S&P Semiconductor ETF (XSD, $266.09). 12 days later, on July 24, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $242.01 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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