Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982 has had over 1,226,237 subscribers from 174 different countries. 37,000 Page Traders’ Archive for $89.99
ARTICLE SYNOPSIS...After a sharp decline late last week, the Dow Jones Industrial Average failed to reclaim broken support, and the downtrend looks set to continue.
Frontier Oil - A Classic Example of Broken Support Turned Resistance
ARTICLE SYNOPSIS...Frontier Oil broke a spread quintuple bottom in the $14.50 to $15.00 range back in July. Since then, this area of broken support has acted as stiff resistance for the stock.