The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Technical analysis of Dow Inc. (DOW) reveals a significant setup. Currently at $29.84, the asset is showing downward momentum (-3.43%). The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $36.04, targeting $45.28 with support near $31.42 (R:R 2.0).
What is your outlook on DOW?