Important Stocks To Watch - Breakout Stocks

Long Term Breakouts To Watch

Stocks At 50 MA & 200 MA

Daily Stock Market Analysis Monday Aug 21 2017

The Dow Jones is reaching a support area, a price support area actually. And it is also touching the 50 MA. When an index reaches an area of price support that coincides with the rising 50 MA, it can be a powerful combination that can keep the index from dropping. So at least at the moment, we are looking for a bounce up. The shorter timeframes such as the 60 min has not given any trend change yet but we are going to monitor the Dow and the other 2 indexes for any change of trend in the smaller time frames that coincides with the support in the daily chart.

It is important to note that the small caps and midcaps are at important points and we do not want to see them drop below a longer term support. Let's have a look at what the charts are telling us.

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

  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

RSS

  1. Technical Analysis Of AAPL : Making Sense Of Apple's Stock Price

    Dec 01, 21 09:24 AM

    Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.

    Read More

  2. Stocks At Their 50 MA And 200 MA

    Dec 01, 21 05:20 AM

    Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off

    Read More

  3. US Stock Market Analysis Dec 2021 | Dstockmarket

    Dec 01, 21 03:40 AM

    How will the US stock market work in December? Will there be a rebound? Will the stock market continue to go higher?

    Read More

  4. US Stock Market Analysis November 2021

    Nov 30, 21 09:11 AM

    Are the markets going to continue to move higher? Is it in an uptrend or downtrend and where are the support and resistance?

    Read More

  5. LAC Stock Chart Lesson - Stock Moves From $13 To $40

    Nov 30, 21 06:07 AM

    In this stock chart lesson, we will learn how LAC rose from $13 to $40. We will study the chart pattern and the technicals.

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.