Sentences with phrase «retesting major support»
This week, with the help of a solid first quarter report, HOG appears to be regaining its footing after retesting major support near the $ 41.00 area.
http://thisweekonwallstreet.com/ Not exact matches
Furthermore, the odds of $ DZZ going to a new high are much lower than the odds of it simply going back to retest its prior highs because now there is resistance of a major swing high (support of a key swing low in $ GLD).
The market is back in a correction after last week's plunge brought all the major indexes below support, and even saw a couple of them retest the lows of the February downmove.
The retest proved strong (to a degree, at least, price broke below it for a single day before resuming its uptrend) suggesting that this is a major support level in markets right now.