SPDR DIJA Trust Stock Code DIA.NYS
Outlook
Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both its lines crossing above the zero line. MACD is hinting at a bullish price trend. We think price is likely to move higher to the previous high at $343.46 in the next 2-3 weeks.
Strategy
$328.00 Buy
$343.40 Price Target
$317.60 Risk Management Stop
3 weeks Trade Duration
