Cabana Capitals Blog Technical Analysis DOW 30 – resistance line broken at 2024-10-09T14:00:00.000Z

DOW 30 – resistance line broken at 2024-10-09T14:00:00.000Z

DOW 30 – resistance line broken at 2024-10-09T14:00:00.000Z post thumbnail image

DOW 30 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of DOW 30 testing 42710.2182 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Supported by Upward sloping Moving Average

Target: 42710.2182 Entry: 42232.9306 Stop: 41834.82

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