Cabana Capitals Blog Technical Analysis DOW 30 – resistance line broken at 2024-07-25T14:00:00.000Z

DOW 30 – resistance line broken at 2024-07-25T14:00:00.000Z

DOW 30 – resistance line broken at 2024-07-25T14:00:00.000Z post thumbnail image

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 40706.1798 but consider reducing the size of your position as the price gets closer to that target.

Target: 40706.1798 Entry: 40060.95 Stop: 39855.02

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