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Chart Dow Composite Average, See Opportunity
Dow Composite Average - Ever watch her? I do, because I love the wonderful experience of discovering her investment opportunities. Charting her opportunities, allows me to find her risks. Notice how buyers pushed DJA from 2500, all the way to above 3500?
Resistance Trend Line A - Embrace it, and you start to see the true magic of technical down trend line. Completely breaking, and trading above it, can create a powerful breakout for stock buyers. Why? It resisted stock buyers so well for 3 – 4 months. Isn’t that a great investment opportunity?
The Bottom Line - Usually, violating even a 3-month-old down-trend resistance line, can create a massive buying of stocks. Net result? You find stock investment opportunities. Is that a stock investment tip? No. Remember, this is just another simple example of the power of stock chart.
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Continental Airlines Stock - Continental Airlines stock is one of the components a Dow Composite Average. Amazingly, it has been creating some interesting buying breakouts.
Beyond Dow Composite Average - Another technically interesting way to identify stock market resistance. As you look at Dow Jones Composite Average chart here, think about how you use it over and over again.
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