DowDuPont is heading towards the support line of a Descending Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ARTÍCULOS RELACIONADOS
Important resistance line being approached by V. This price has been tested numerous time in the last 11 days
Emerging Triangle detected on V – the pattern is an emerging one and has not yet broken through…
ADBE seems to be on its way to support – a possible opportunity?
The price of ADBE in heading back to the support area. It is possible that it will struggle…
A Channel Up has formed, MRNA is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
MRNA is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…