Solid News
DuPont de Nemours Inc., Technical Analysis
8/2/2022 11:49 AMThe shares of DuPont de Nemours Inc., an American chemical company, are on a corrective downtrend at 60.00.
On the asset's daily chart, the price falls within a wide channel with dynamic boundaries of 60.00–50.00, trying to consolidate above the resistance line at 60.00.
On the four-hour chart, the current upward impulse has a high probability of exiting the channel since the price gap level of June 15 at 59.00 has already been broken, which serves as an additional signal for continued growth.
Technical indicators keep a stable buy signal: fast EMAs on the Alligator indicator are above the signal line, expanding the range of fluctuations, and the AO oscillator histogram forms upward bars in the buying zone.
Solid ECN Securities is an international brand formed and authorized in Saint Vincent and the Grenadines with the registration number 1390 LLC 2021 committed to offering the best possible trading experience.
Disclosure: Please note that foreign exchange and other leveraged trading involve a significant risk of loss. It is not fit for all investors and you should make sure you realize the risks involved, seeking independent advice if necessary.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com