After several weeks of declining stock prices, major averages are now close to major support.
Microsoft will be taking a major support out from under CES when it steps back.
It is down 28% from early March, and has broken below major support (line a).
The major support (line e) was violated last summer and was retested early in 2011.
Major support sits at 1438-1442, which was prior resistance that should serve as major support.
The next major support in terms of yield is at 1.55-1.56%, which corresponds to the November and December lows.
If you followed the rules and sold correctly, you had the luxury of testing longs into major support 1040-1050.
FORBES: Market Could Still Be Forming Head And Shoulders Top
The OBV dropped back to major support (line b) on the recent correction.
Chart Analysis : The weekly chart of Molycorp ( MCP) shows the break of major support, line a, last September.
Coatue, which has been working on conductive organic polymers for memory chips, has had major support from Sunnyvale microprocessor maker AMD.
Diminished concerns over Europe have been a major support for risk assets such as Asian stocks and currencies in recent months.
The monthly OBV held up better as it has not dropped below its WMA and has major support at line f.
The next big level would be 1352-1357, with the 20day moving average within this zone. 1340-1344 is a major support zone.
FORBES: China Slowdown, Small Cap Breakdown Spell Trouble For Stocks
Major support is the 1190 zone, which coincides with the 50day and the area that was very important a few weeks back.
That is major support and if a bullish trend is to continue that level must not be violated near or medium term.
FORBES: Technical Trading: Platinum Bulls Poised to Strike, Gold Bulls Hang Tough
Major support is 1128-1132, and in my opinion if we get here it will certainly hold and be an outstanding buying opportunity once more.
FORBES: Market Still A Playground For Bulls, Holds Support After Apple, IBM
The 200-week simple moving average is a major support at 4410.
The 120-month simple moving average is a major support at 1193.81.
The 200-day is a major, major support level, so its important to see how a stock or index handles a break of it over the subsequent 1-3 days.
FORBES: How Technical Analysis Has Given Great Trading Cues All Year Long
That remains major support for the market on the downside.
FORBES: Technical Trading: Gold Bulls Stumble After Cyprus Deal, Holding Pattern Seen On Chart
Further down the drugstore food chain, the lone major support holding up shares of Rite Aid Corporation is the prospect of a much rumored takeover, with CVS being the most oft mentioned suitor.
The next downside price breakout objective for the bears is closing prices below major psychological support at 300.00 cents.
The next downside price breakout objective for the bears is closing prices below major psychological support at 400.00 cents.
None of the current candidates have a major popular support base and most of them are largely unknown outside the capital.
The next downside price breakout objective for the bears is closing prices below major psychological support at the November low of 323.25 cents.
FORBES: Comex Gold Ends Weaker In More Quiet, Pre-Holiday Trading
None of these programs was originally intended to become a major federal support for the mentally ill, but all now fill that role.
WSJ: E. Fuller Torrey: Fifty Years of Failing America's Mentally Ill
That is major nearby support for February gold futures and a break under that floor would unleash a fresh selling wave of action.
FORBES: Technical Trading: Gold under Pressure -- Eyeing FOMC, Jobs Data
It is no secret that college football has become a major driver of alumni support, major fund-raising, university marketing and revenue generation at almost all of the major schools and at many of the mid-level and smaller colleges.
FORBES: NCAA Investigation Of UNC Reveals Much About Business Of College Football
应用推荐