Good trading day for Bulls
Chart courtesy of stockchartsStrong earnings from PepsiCo Inc. and Cisco and also a rally in Pfizer Inc shares on a possible disposal of its consumer products unit contributed to a triple-digit gain on the Dow Jones, pushes the stocks up today. The Dow Jones industrial average surging 109 points, and close above MM50. We need to Up one more day with good volume to see a change in the sentiment.
Volume was 1.79 billion shares on Nyse and 2.2 billion shares on the Nasdaq.
According to chart above we can now run until the red line ( downtrend resistance ).
That's all for me. Have a great evening.
AC
Volume was 1.79 billion shares on Nyse and 2.2 billion shares on the Nasdaq.
According to chart above we can now run until the red line ( downtrend resistance ).
That's all for me. Have a great evening.
AC
