Join Dstockmarket's Community - Daily Market Analysis, Individual Stock Analysis.
It was a glorious week for tech stocks last week. The Dow did not moved much but we can still continue to be bullish.
Let's take a look at the charts below to aid us in our analysis.
It was a glorious week for tech stocks last week but for the Dow, it kind of traded sideways. But as long as it consolidates, that is healthy and staying above the line I draw and then meeting the 20 MA might see Dow have a breakout higher. As long as it stays above the line and the rising 20 MA, we still deem the Dow to be healthy
You can find the article The 7 Best Times To Buy Stocks For Short Term Trading by clicking on the link.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
Jan 18, 21 10:34 AM
New chart lesson for the 3rd week of January 2021. Hope you can benefit from this.
Jan 04, 21 11:30 AM
In this week's chart lessons, we will have a look at bitcoin and other charts.
Dec 29, 20 07:47 AM
We should continue to be bullish on the S&P 500 as a weekly bottoming tail forms in this uptrend.
Dec 22, 20 09:27 AM
The SPX is still in a nice bullish uptrend, with it staying above the rising 20 MA and 50 MA.
Dec 15, 20 09:53 AM
December 14 2020 will go down in history as one of those moments where 2 sets of electors emerge for swing states in the US Presidential Election.