$DOW with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DOW after a Negative over reaction following its earnings release placing the stock in drift C.
DOW trade ideas
DOW Head and ShouldersDOW has completed a head and shoulders pattern. We see this evident in the multiple breakouts confirming the pattern.
I suspect we will reach $59 before a pull back occurs. This is especially true if the SPY plays nicely with the DOW move.
DOW - Short OpportunityA double top pattern was formed and the stock crashed and now price has retraced back to the resistance level, giving us another opportunity to ride the waves down. Near-term short signal has also appeared. Price failed to break above 200 MA, showing bearish sentiments.
Entry: 49.77
Stop Loss: 53.6
Take-Profit Target: 43.95
DOW down to 39/40That's a bold call, isn't it?
Here my analysis:
- red CL hit 3 times and price got rejected
- MACD kinda nice filter
- Medianline rules in play: HAGOPIAN
- overall economy is going down the toilet too
- Gov's....not even worth a word
Happy Santa Downhill, Hope You're Short Too §8-)
Get get DOW with itSo looking at the DXY, I still feel we are expecting 2 situation (yes the old up and down what can we do in the world of charting!) I'm being bearish , sorry bulls! We are still expecting a move down.
I have been stopped out of a large position because I was too eager to get my short in with high leverage. That's fine I will be risking a big short depending on how we finish the day. Friday naturally will be a key point. This DOW chart shows us in a downwards channel. Your thinking, idiot, consumer spending is big its Christmas how can you be so bearish? Lets see it play out, we still have big factors in the world that can trigger lots of downside.
Dow price targets simulated in chart ****** this chart was made a over a week ago ***** DOW is in a downward channel and a bearish ascending wedge. Key points for me. If you zoom out on the daily you can draw a trend line from the 16th as a support up to where we are now it connects to the target at 44. so between 44-48 will we see us retest this point before moving on.
Importantly, can someone tell me how Powells meeting gave the space a bullish sentiment? He always comes on the scene with wet paper speeches? However, everyone makes movements regardless of solid figures coming out? He literally stated we "maybe" able to fix the situation but the window is "very narrow", I don't understand how that gives people confidence.
Regardless, DXY is in a make of break position to fall to big support or blow up wards, I'm more inclined for a move down over the next few weeks to bring the DXY towards the 100/101 mark. However, a bounce up to 107/108 should happen first before we can make a decision on it's direction.
It's coming up to Christmas consumer spending will drive the markets ultimately IMO.
Hit me up with your thoughts lets brainstorm. No opinion is wrong do not be shy to express a feeling or information that you feel can change the space.
$DOW ($XLB) Long Setup $DOW ($XLB) With some space to 50$. IF this thing wants to go outside quarter, that would be expansion to the higher highs of the daily BF (Bottom right chart)
$DOW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DOW after a Positive Under reaction following its earnings release placing the stock in drift A.
WATCH $DOWBearish
- Double tops
- Broke neckline
- Bear flag
"Slowly is the fastest way to get to where you want to be"
DOW $DOW Initial ShortDOW $DOW Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
$DOW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DOW after a Positive over reaction following its earnings release placing the stock in drift B.
29/4/2022 NYSE (DOW)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $67.95
Target Price: $69.05
Stop Loss: $66.11
$DOW Breakout Target 77$$DOW price with #HeikinAshiRangeBreakout and reclaim of lower band of vwap - Target 1 77$
Long scalp $TGTBased on it's uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $TGT exceeds today's high of $234.49 during tomorrow's session.
Long scalp $DOW
Based on it's uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $DOW exceeds today's high of $68.33 during tomorrow's session.
$DOW breaking out of a ~13 month base. Can it go higher?Notes/Thoughts:
* Great earnings record
* Strong up trend
* Breaking out of a ~13 month base with higher than average volume
* Recently used historical highs of $65.56 as support
* Last bullish hammer indicating tonnes of demand below $67.49
* Extremely close to the broken resistance of $67.49 offering a great risk/reward
Technicals:
* Sector: Basic Materials - Chemicals
* Relative Strength vs. Sector: 9.19
* Relative Strength vs. SP500: 8.08
* U/D Ratio: 1.2
* Base Depth: 29.46%
* Distance from breakout buy point: 0.86%
* Volume 46.06% above its 15 day average.
Trade Idea:
* You can enter now as the price is really close to the broken base resistance
* Manage risk accordingly
* If you're looking for a slightly better entry you may wait for the price to pull back to $67.49
* Due to the nature of this choppy market I've reduced my stop and targets accordingly.
DOW - Downtrend is done!! TRIGGER is required for any arrows on the chart. Please read below:
Having broken up the downtrend channel and a nice pullback, NYSE:DOW is now trading in an upward channel. However, $62 zone is counted as an important resistance on the road to higher targets. Looking close to the chart, we can see a great upward pin bar on the bottom of the upward channel, which shows that sellers did not have enough power to decrease the price more than this. For getting a trigger to buy, I personally look forward to seeing a break of $62, and a pullback to it (in H1 time frame). If the scenario happens, we can enter with the stop loss of $59 and the following targets:
$71 zone, till the mid of July, 2022
$82 zone, if the price reaches $71 zone, sooner than the mid of July, 2022.
Long $DOW - Inflation & Commodity PlayTrend analysis on $DOW potential future price action. This is considering supply chain issues on commodities , as well as inflation and Russian sanctions.
15/3/2022 NYSE (DOW)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $60.48
Target Price: $61.96
Stop Loss: $59.00
