Aurum Markets Blog Technical Analysis Resistance breakout on DOW 30

Resistance breakout on DOW 30

Resistance breakout on DOW 30 post thumbnail image

The price of DOW 30 in heading in the direction of 42479.1992. Despite the recent breakout through 42201.0898 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Supported by Upward sloping Moving Average

Target: 42479.1992 Entry: 42250.67 Stop: 42188.7735

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