The Upward Trend of Dow Jones Industrial Average Stock Analysis.
The Dow Jones Industrial Average stock has faced a rise by 1.25 points; as a result of the appearance of the continuation pattern of the ascending triangle and the positive data about the ISM Manufacturing PMI released by the Institute of Supply Management which shows an increase than the expected data by 60.4 points. Therefore, the stock is expected to continue in rising till it breaches the resistance line 359.52, on the contrary, if the stock faced a decline it may break the first support line 358.28 to reach the second support line 357 then the third support line 355.68