Dow Inc.
Long

DOW is in the Wyckoff accumulation phase

46
This Week (July 8 - 11):

Support: The recent low at $27.10 is the immediate floor. The ultimate support is the Selling Climax low at $25.10.

Resistance: The 20-day moving average (green line) around $28.50 is the first hurdle. Above that, look for a test of $30.00.

Next Month (July):

Support: The $25.10 low absolutely must hold.

Resistance: The primary target is the top of the trading range, established by the Automatic Rally, at $33.00.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.