Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020
Showing posts with label dow 8742. Show all posts
Showing posts with label dow 8742. Show all posts

Tuesday, May 12, 2009

Dow Jones Analysis 5/13/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/13/09

Dow Jones Industrial Average Support & Resistance Levels - May 13, 2009

Resistance Levels: 8500, 8588, 8742

Support Levels: 8365, 8190, 8000



The Dow Jones bounced off the 10 day moving average today and closed in the green. This was the first successful test in the past month. As soon as we close below this level, there is downside risk to the stock market.

Keep an eye on the high from last week of 8587.55. If we break up through that level, you could be looking at another 100-200 points on the upside before another small pullback. For More Technical Analysis - Go Here


For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Monday, May 11, 2009

Dow Jones Analysis 5/12/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/12/09

Dow Jones Industrial Average Support & Resistance Levels - May 12, 2009

Resistance Levels: 8500, 8742, 9000

Support Levels: 8334, 8190, 8000



The Dow Jones pulled back today after making a new 4 month high on Friday. One thing I am watching closely is the 10 day moving average which is located at 8333.62 and rising rapidly. A close below this level will bring in further downside risk. I eventually think the Dow will retest the 50 day moving average which would be a buy. For More Technical Analysis - Go Here


For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Friday, May 8, 2009

Dow Jones Analysis 5/11/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/11/09

Dow Jones Industrial Average Support & Resistance Levels - May 11, 2009

Resistance Levels: 8500, 8742, 9000

Support Levels: 8300, 8190, 8000




The Dow Jones continues to surge higher making a higher low and a higher high from yesterday. I like pullbacks to the 10 day moving average which is now at 8294. The next resistance level is the Jan 8th close of 8742. I would probably be starting to take profits around the 200 day moving average and 9000. As of today, the Dow is still not overbought. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index - Stock Forum

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here