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Downtrend Broken Resistance Stocks Alert

- 4/5/2024
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SymbolCompanyRank
ABTAbbott Labs
ADSKAutodesk, Inc.
AEPAmerican Electric Power
AIVApartment Investment & Mgmt'A'
ALBAlbemarle Corp
ALKAlaska Air Group Inc
ALLEAllegion
AREAlexandria Real Estate Equities
AVYAvery Dennison Corp.
BABoeing Company
BDXBecton, Dickinson
BKBank of New York Mellon Corp.
BLKBlackRock
BMYBristol-Myers Squibb
BSVVanguard Short-Term Bond Index Fund ETF Shares
CAGConAgra Foods, Inc.
CBRECBRE Group
CECelanese
CFCF Industries
CHDChurch & Dwight
CINFCincinnati Financial
CMSCMS Energy
CNCCentene Corporation
CSXCSX Corp.
CTVACorteva
DDominion Resources
DALDelta Airlines
DEDeere & Co.
DFSDiscover Fincl. Svcs.
DISWalt Disney Co.
DLRDigital Realty Trust
DOVDover Corp.
DOWDow Chemical
DXCDXC Technology
EEMiShares MSCI Emerg Mkts Index
EFAiShares MSCI EAFE Index
EFXEquifax Inc.
EMREmerson Electric
EOGEOG Resources
EQREquity Residential
EWEdwards Lifesciences
EWAiShares MSCI Australia Index
EWCiShares MSCI Canada Index
EWGiShares MSCI Germany Index
EWJiShares MSCI Japan Index
EWLiShares MSCI Switzerland Index
EWUiShares MSCI United Kingdom Index
EWYiShares MSCI South Korea Index
EWZiShares MSCI Brazil Index
EZUiShares MSCI EMU Index
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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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