The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation pattern.
Market participants tracking Dow Inc. should note the latest formation. With a last close of $31.73, volatility remains active (-2.37%). Price action has carved out a classic Descending Triangle. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $31.37, targeting $22.97 with support near $36.04 (R:R 1.8).
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