What Next for Global X Robotics & Artfcl Intllgnc ETF (BOTZ) After Forming Bearish Double Bottom Pattern?

The chart of Global X Robotics & Artfcl Intllgnc ETF (BOTZ) shows a double bottom with $17.94 target or 9.00 % below today’s $19.71 share price. The 8 months chart pattern indicates high risk for the $ company. It was reported on Dec, 2 by Finviz.com. If the $17.94 price target is reached, the company will be worth $ less. Double bottoms are rare but powerful chart patterns.

The ETF decreased 0.20% or $0.04 during the last trading session, reaching $19.71. About 371,322 shares traded. Global X Robotics & Artfcl Intllgnc ETF (NASDAQ:BOTZ) has risen 3.24% since December 2, 2017 and is uptrending. It has underperformed by 12.38% the S&P500.

More notable recent Global X Robotics & Artfcl Intllgnc ETF (NASDAQ:BOTZ) news were published by: Benzinga.com which released: “Why Long-Term Trends Remain Favorable For Robotics ETFs (NASDAQ:BOTZ) – Benzinga” on October 09, 2018, also Nasdaq.com with their article: “Move Over FANGs, FinTech ETF is Hot Now – Nasdaq” published on August 15, 2018, Nasdaq.com published: “NVIDIA Crashes on Dismal Outlook: Should You Buy Its ETFs? – Nasdaq” on November 19, 2018. More interesting news about Global X Robotics & Artfcl Intllgnc ETF (NASDAQ:BOTZ) were released by: Seekingalpha.com and their article: “Analyzing The Global X Robotics & AI ETF – Seeking Alpha” published on May 21, 2018 as well as Investorplace.com‘s news article titled: “10 Best ETFs of 2017 – Investorplace.com” with publication date: January 05, 2018.

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