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Uptrend Broken Support Stocks Alert

- 3/8/2024
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SymbolCompanyRank
^DJIDow Jones
ANETArista Net
HDHome Depot
MSFTMicrosoft Corp.
ODFLOld Dominion Freight Line
ROSTRoss Stores
SYYSysco Corp.
TRVTravelers Companies, Inc.
VOXVanguard Telecom Services ETF
XLVHealth Care Select Sector SPDR
.
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Uptrend Broken Support

Uptrend Broken Support 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. Stock market alert is a warning signal. Uptrend Broken Support alert is a confirmation that long term uptrend reversal is completed and a new downtrend 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 support trendline. This point is considered as a second chance to sell long position (or open short positions) in uptrend reversal.
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