The Chartist Veteran Poster

Joined: 29 Jan 2007 Posts: 167
|
Posted: Sun Apr 29, 2007 10:39 am Post subject: Dow Jones Stock Index Example |
|
|
Although, DJI stock index can offers lots of opportunities for technical investors to invest their capital. But there’s always that risk, and knowing where Dow stock sellers usually sell can make lots of difference. The Dow chart below shows 2 months old resistance line that has been attracting sellers, great example.
http://www.chart-dow-stocks.com/dji-stock-index.html
In this example, the resistance line has been touched and approached on two occasions, and slightly touching or approaching it again can attract new sellers. To buy new DJI stocks in this situation, you want to wait for stock buyers to break it completely, which usually attracts stock buyers and drive stock sellers away. So chart Dow stocks and learn more before you invest. |
|