EFNL Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending EFNL on July 24, 2024, netting in a 2.35% gain over 2 months

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07/26/24

+2.35% Gain from a Successful pattern Broadening Wedge Ascending

EFNL - iShares MSCI Finland ETF

Ticker: EFNL

Company: iShares MSCI Finland ETF

Gain from shortening: +2.35%

Confirmed: 07/24/24

Succeeded: 07/24/24

Total length: 82 days

On May 03, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for iShares MSCI Finland ETF (EFNL, $35.13). 82 days later, on July 24, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 24, 2024, the stock hit the target price of $34.43 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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