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Downtrend Broken Resistance Stocks Alert

- 11/8/2024
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SymbolCompanyRank
ALBAlbemarle Corp
ALKAlaska Air Group Inc
ANSSANSYS Inc.
AWKAmerican Water Works Company Inc
BMYBristol-Myers Squibb
BSVVanguard Short-Term Bond Index Fund ETF Shares
BWABorgwarner Inc
CCICrown Castle Intl Corp
CDNSCadence Design Systems
CFGCitizens Financial Group
CHDChurch & Dwight
CHRWC.H. Robinson Worldwide
CHTRCharter Communications
CINFCincinnati Financial
CLXClorox Co.
CMAComerica Inc.
CMSCMS Energy
CSCOCisco Systems
CSXCSX Corp.
CTSHCognizant Technology Solutions Corp.
CTVACorteva
DGXQuest Diagnostics
DISWalt Disney Co.
DXCDXC Technology
EEMiShares MSCI Emerg Mkts Index
EPPiShares MSCI Pacific ex-Japan
ESEversource
ETREntergy Corp.
EVRGEvergy
EXPEExpedia Inc.
FFIVF5 Networks
FOXFOX ENTMT GROUP
FOXA21st Century Fox
FTIFMC Technologies Inc.
FXIiShares FTSE/Xinhua China 25 Index
FXYCurrencyShares Japanese Yen Trust
GCCWisdomTree Continuous Commodity Index Fund
GLWCorning Inc.
GMGeneral Motors
HBANHuntington Bancshares
HPQHewlett-Packard
ILMNIllumina Inc
INCYIncyte
INTCIntel Corp.
IVZInvesco Ltd.
JBHTJ. B. Hunt
KKellogg Co.
KEYSKeysight Technologies
KMXCarmax Inc
LUVSouthwest Airlines
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.
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