The breakout of US30 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of US30 to test 26145.0138 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge detected on NAS 100 – the pattern is an emerging one and has not yet…
DOW 30 heading towards a price it has tested 3 times in the recent past.
DOW 30 is heading towards a line of 45773.9102. If this movement continues, the price of DOW 30…
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge pattern in its final wave was identified on the NAS 100 1 hour chart. After…