2/22 DJI Weekly Report
1. Resistance: 31644, 32300
2. Support: 31060, 30600
3. In the next a few weeks, we may see DJI consolidate for a while between the resistance and support lines, until we see a clear direction. The light blue zone is a consolidation zone for now. However, if DJI stays consistently above 30600, we’d see another run up later. Among sectors and companies within DJI, I think AIRLINE and FINANCIAl, and possibly ENERGY with another run up opportunities (eg. BA, AAL).
2. Support: 31060, 30600
3. In the next a few weeks, we may see DJI consolidate for a while between the resistance and support lines, until we see a clear direction. The light blue zone is a consolidation zone for now. However, if DJI stays consistently above 30600, we’d see another run up later. Among sectors and companies within DJI, I think AIRLINE and FINANCIAl, and possibly ENERGY with another run up opportunities (eg. BA, AAL).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.