DOW Inc. Stock Code DOW.NYS
Outlook
Price managed to stay above the cloud during a price correction keeping this uptrend intact. In the previous trading session, price broke above a recent high, creating an Ichimoku reversal with a 3E price projection target at $76. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish with a bullish crossover and moving higher.
Strategy
$65.45 Buy
$75.90 Price Target
$60.40 Risk Management Stop
3 weeks Trade Duration
