ARTICLE SYNOPSIS...Dow Chemical is stuck in a support zone bound by two moving averages, and the direction of the break when it happens will have long-term implications.
ARTICLE SYNOPSIS...Dow Chemical (DOW) recently formed two virtually identical patterns over the last four months and looks headed lower.
ARTICLE SYNOPSIS...The immediate target for a particular stock or index can be measured by using simple technical tools or trendlines. A long-term and very short-term target for the DJIA can be identified using these simple techniques.