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Downtrend Broken Resistance Stocks Alert

- 7/19/2024
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SymbolCompanyRank
ABTAbbott Labs
ACNAccenture plc
ADBEAdobe Systems
AEEAmeren Corporation
AEPAmerican Electric Power
AIGAmerican Int'l. Group
AIVApartment Investment & Mgmt'A'
ALLEAllegion
AMEAmetek
AMTAmerican Tower Corp.
AONAon Corp.
AREAlexandria Real Estate Equities
AVYAvery Dennison Corp.
BABoeing Company
BENFranklin Resources
BKBank of New York Mellon Corp.
BLKBlackRock
BMYBristol-Myers Squibb
BSVVanguard Short-Term Bond Index Fund ETF Shares
CAGConAgra Foods, Inc.
CDWCDW
CFGCitizens Financial Group
CHRWC.H. Robinson Worldwide
CINFCincinnati Financial
CMAComerica Inc.
CMSCMS Energy
CSCOCisco Systems
CSXCSX Corp.
CTSHCognizant Technology Solutions Corp.
CTVACorteva
DFSDiscover Fincl. Svcs.
DGXQuest Diagnostics
DJPiPath Dow Jones-AIG Commodity Idx TR ETN
DLRDigital Realty Trust
DOWDow Chemical
EEMiShares MSCI Emerg Mkts Index
EFXEquifax Inc.
EOGEOG Resources
EPPiShares MSCI Pacific ex-Japan
EQIXEquinix
EQREquity Residential
ESEversource
EVRGEvergy
EWAiShares MSCI Australia Index
EWCiShares MSCI Canada Index
EWGiShares MSCI Germany Index
EWJiShares MSCI Japan Index
EWLiShares MSCI Switzerland Index
EWYiShares MSCI South Korea Index
EXPEExpedia Inc.
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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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