But they rallied only back up close to the potential resistance at those long-term moving averages.
Meanwhile, potential resistance levels would be the familiar round-number areas, such as 12, 000 on the Dow, 1, 300 on the SPX and 800 on the RUT.
So, analysts are probably justified in watching to see if the market can recover and break out above the potential resistance at short-term 21-day moving averages again.
FORBES: Sentiment Seems Excessively Bullish, Watch The Stock Charts
Seek to uncover potential resistance prior to implementing change.
For today, I am leaving my support and resistance levels basically unchanged with the first level of potential resistance in the zone of 1.3100 to 1.3110 with initial support somewhere near 1.2840 to 1.2850.
It has now pulled back from that potential resistance level, and in the process it broke below the previous support at its 21-day moving average for the first time since the rally began in early September.
FORBES: Sentiment Seems Excessively Bullish, Watch The Stock Charts
For today I am leaving the potential support and resistance zones unchanged at 1.2840 to 1.2850 and 1.3100 to 1.3110, respectively.
Should 900 be taken out, technicians will likely focus on the 920 area as potential area of resistance, as this would be 38.2% above the March low.
So, analysts are watching potential support and resistance levels.
FORBES: Sentiment Seems Excessively Bullish, Watch The Stock Charts
If sustained, this will trigger the potential to assault heavy resistance at 10.60.
The current three-day surge is the strongest for the major averages in three months, but with resistance looming the potential for an external factor to spark another downturn (like, say, the Fed ending its QE2 program Thursday) is certainly important to keep in mind.
FORBES: S&P 500 Rally Could Erase Q2 Losses, But Stiff Resistance Looms
The American Health Institute, the association that represents large agriculture and pharmaceutical industries, supports the NARMS monitoring program as "it provides an important early warning system on the potential for the emergence of antibiotic resistance bacteria, " said Ron Phillips, vice president for legislative and public affairs, in an e-mail.
The American Health Institute, the association that represents large agriculture and pharmaceutical industries, says it supports the NARMS monitoring program as "it provides an important early warning system on the potential for the emergence of antibiotic resistance bacteria, " said Ron Phillips, vice president for legislative and public affairs, in an e-mail.
It has now rallied back to this resistance, and shows a potential top formation.
Epothilone has the potential to be even more effective against taxane resistance because it has a different chemical structure that may let it bind better with microtubules.
While the market continues to be challenged by overhead technical resistance in the short term, which could results in sideways action or a modest pullback, we continue to be encouraged by the potential sideline cash that could drive equities through resistance.
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The potential for a retracement, combined with building technical resistance, may force cruise stocks to re-chart their course.
That possibility has drawn resistance from major shareholders and attracted interest from potential rival bidders in Blackstone Group and Carl Icahn.
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To trade this opinion, you can place a stop-buy order a few pips above the resistance level so that you can trade the potential upside breakout.
Antimicrobial resistance is a serious and challenging issue with many potential causes.
FORBES: Are You Eating 'Superbugs'? The FDA Responds To Allegations Of Antibiotic Resistance On Meat
Take profits at important resistance levels, and hold half of your position for potential follow-through.
The equity has recently rebounded from potential support in the 64-65 region, but its 20-week trend line looms as resistance overhead and could quickly spoil any technical bounce for the shares.
Casual titles like Buzz and Singstar skew towards a broad audience, Resistance 2 is more for seasoned players, and unique new titles like Littlebigplanet have the potential to appeal to both seasoned and casual players.
Despite the potential for objections from lawmakers, Warner is the third-largest record company and would likely face less resistance than No. 1 Universal Music Group or No. 2 Sony over a bid for No. 4 EMI.
FORBES: Blavatnik Close To Winning Billionaire Battle For Warner Music
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