Dow Inc (DOW) bounced off the 11-month orange uptrend line earlier. It has just recovered MA200. It is likely to challenge at least the blue horizontal line at about $65,…
Posts tagged as “NYSE”
United Parcel Service (UPS) bounced off the yellow trading range bottom and recovered MA200. It is still sideways. But should it fail the trading range bottom, it will likely drop…
Wells Fargo (WFC) has found support at MA50 and is consolidating above the orange horizontal line. The trading range is now between the light blue and the orange lines. Also,…
TSMC (TSM) bounced off the orange downtrend line and the blue uptrend line after retesting them, which increases the likelihood of challenging the all-time high at $140, about 5% away.…
NIKE (NKE) plunged -4.2%, making it the worst S&P 100 constituent. It gapped down below the light blue 22-month uptrend line and MA200. The major support would be at the…
TSMC (TSM) found resistance at the orange trendline but is still firmly above MA20, MA50, and MA200, where the shorter MAs are above the longer ones. These are favorable for…
Dow is now challenging the all-time high at the blue line on a 6-day winning streak. In the past 30 years, excluding this time, there have been 66 6-day winning…
S&P 500 clearly hit an all-time high on Monday. It is likely to meet resistance at the 16-month blue uptrend line at about 4850. But watch the purple line of…
Ford (F) has performed strongly this year. Earlier, it broke through the historical high of $19.16 in about 22 and a half years in 1999. It is now re-testing this…
S&P 500 fell -0.9%, while the market added 0.2%. Only Technology (-1.6%), Consumer Cyclical (-1.3%), and Industrials (-0.1%) closed lower. Basic Materials had the most gain of 1.3%. Financial ended…