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YXI Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending YXI on February 03, 2025, netting in a 15.76% gain over 1 month

A.I.dvisor
at Tickeron.com
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+15.76% Gain from a Successful pattern Broadening Wedge Descending
YXI - ProShares Short FTSE China 50
Tickeron
Ticker: YXI
Company: ProShares Short FTSE China 50
Gain from shorting: +15.76%
Confirmed: 02/03/25
Succeeded: 03/17/25
Total length: 46 days
On January 30, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for ProShares Short FTSE China 50 (YXI, $12.78). 4 days later, on February 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 17, 2025, the stock hit the target price of $10.97 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com