QuantWave Hits the Mark with 19.02% Profit Forecast for The Bank of New York Mellon Corporation

QuantWave, the automated forecasting platform, has once again demonstrated its accuracy in predicting stock movements with its latest success in forecasting The Bank of New York Mellon Corporation (BK). On August 6, 2024, QuantWave issued a long signal for BK when the stock was trading at $61.09. Fast forward to October 9, 2024, the forecast target was reached as BK surged to $72.71, delivering a significant profit of 19.02% to investors who followed the prediction.