A DOW 30 stock that has been ranging since the start of May.
It went down in September and has now reached and closed below the lower band of the 80 day bollinger bands.
It has almost reached the 200 day SMA as well.
Nevertheless, the 50 Day SMA is still above the 200 and the long wick of the daily candle of the 1st October shows signs of strength.
It went down in September and has now reached and closed below the lower band of the 80 day bollinger bands.
It has almost reached the 200 day SMA as well.
Nevertheless, the 50 Day SMA is still above the 200 and the long wick of the daily candle of the 1st October shows signs of strength.