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Downtrend Broken Resistance Stocks Alert

- 4/26/2024
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SymbolCompanyRank
ABTAbbott Labs
AEPAmerican Electric Power
ALKAlaska Air Group Inc
ALLEAllegion
ANETArista Net
AVYAvery Dennison Corp.
BABoeing Company
BIIBBIOGEN IDEC INC
BKBank of New York Mellon Corp.
BLKBlackRock
BSVVanguard Short-Term Bond Index Fund ETF Shares
CCitigroup Inc.
CAGConAgra Foods, Inc.
CBOECboe Globa
CECelanese
CLColgate-Palmolive
CMSCMS Energy
CNCCentene Corporation
COTYCoty, Inc
CSXCSX Corp.
DALDelta Airlines
DEDeere & Co.
DFSDiscover Fincl. Svcs.
DGXQuest Diagnostics
DISWalt Disney Co.
DLRDigital Realty Trust
DOVDover Corp.
DOWDow Chemical
DUKDuke Energy
EAElectronic Arts
EEMiShares MSCI Emerg Mkts Index
EFAiShares MSCI EAFE Index
EFXEquifax Inc.
EQREquity Residential
ESEversource
EWEdwards Lifesciences
EWCiShares MSCI Canada Index
EWGiShares MSCI Germany Index
EWJiShares MSCI Japan Index
EWUiShares MSCI United Kingdom Index
EWYiShares MSCI South Korea Index
EWZiShares MSCI Brazil Index
EZUiShares MSCI EMU Index
FEFirstEnergy Corp.
FOXFOX ENTMT GROUP
FRTFederal Realty Investment Trust
GDXMarket Vectors Gold Miners
GEGeneral Electric
GISGeneral Mills
GLWCorning 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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