Stock Markets Analysis and Opinion
EFA: Perfect Trend Line Rejection
2022.04.29 19:27
Once again, iShares MSCI EAFE ETF (NYSE:EFA) proves itself to be the most chart-friendly creature on the planet. Take careful note of the blue trend line and how it repelled the attempt of the price to foolishly move any higher.
EFA Chart.
The much longer-term chart tells the tale.
EFA Long-Term Chart.
