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Downtrend Broken Resistance Stocks Alert

- 11/24/2023
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SymbolCompanyRank
AAgilent Technologies
AAPAdvance Auto Parts
ADIAnalog Devices
AIVApartment Investment & Mgmt'A'
ALLEAllegion
AMCRAMCOR LTD ADR
AMEAmetek
ANSSANSYS Inc.
AOSA.O. Smith
APDAir Products & Chemicals
ATOAtmos Energy Corp
AVYAvery Dennison Corp.
BABoeing Company
BBYBest Buy Co., Inc.
BF.BBrown-Form
BKBank of New York Mellon Corp.
BKLNInvesco Senior Loan ETF
BLKBlackRock
BNDVanguard Total Bond Market Index Fund ETF Shares
BRBroadridge Financial Solutions
BRK.BBerkshire
CCitigroup Inc.
CCICrown Castle Intl Corp
CCLCarnival Corp.
CHDChurch & Dwight
CHTRCharter Communications
CLColgate-Palmolive
CMAComerica Inc.
CMCSAComcast Corp.
CMECME Group Inc.
CNCCentene Corporation
COOThe Cooper Companies
CPBCampbell Soup
CSXCSX Corp.
DALDelta Airlines
DFSDiscover Fincl. Svcs.
DHRDanaher Corp.
DISWalt Disney Co.
DLRDigital Realty Trust
DRIDarden Restaurants
DVADaVita Inc.
DXCDXC Technology
EBAYeBay Inc.
ECLEcolab Inc.
EEMiShares MSCI Emerg Mkts Index
EFAiShares MSCI EAFE Index
EFXEquifax Inc.
ETNEaton Corp.
EWEdwards Lifesciences
EWCiShares MSCI Canada Index
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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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