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Downtrend Broken Resistance Stocks Alert

- 8/30/2024
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SymbolCompanyRank
ABTAbbott Labs
AIZAssurant Inc.
AMCRAMCOR LTD ADR
AMTAmerican Tower Corp.
ANSSANSYS Inc.
AONAon Corp.
AWKAmerican Water Works Company Inc
BKNGBooking Ho
BLKBlackRock
BMYBristol-Myers Squibb
BSVVanguard Short-Term Bond Index Fund ETF Shares
CAHCardinal Health, Inc.
CCICrown Castle Intl Corp
CFGCitizens Financial Group
CHRWC.H. Robinson Worldwide
CINFCincinnati Financial
CMAComerica Inc.
CMECME Group Inc.
CMSCMS Energy
CNCCentene Corporation
COPConocoPhillips
CPBCampbell Soup
CPRICapri Hold
CPRTCopart
CSCOCisco Systems
CTSHCognizant Technology Solutions Corp.
DDDuPont
DEDeere & Co.
DFSDiscover Fincl. Svcs.
DGXQuest Diagnostics
DISWalt Disney Co.
DJPiPath Dow Jones-AIG Commodity Idx TR ETN
DLRDigital Realty Trust
DOVDover Corp.
DOWDow Chemical
DXCDXC Technology
EAElectronic Arts
EEMiShares MSCI Emerg Mkts Index
EPPiShares MSCI Pacific ex-Japan
ESEversource
ETREntergy Corp.
EVRGEvergy
EWAiShares MSCI Australia Index
EWCiShares MSCI Canada Index
EWGiShares MSCI Germany Index
EWIiShares MSCI Italy Index
EWYiShares MSCI South Korea Index
EWZiShares MSCI Brazil Index
EXPEExpedia Inc.
FFIVF5 Networks
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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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