Whether a #stock moves fast or slow, one thing is always true. The forces of #supplyanddemand determine the #price of Dominion Resources (NYSE: D) and every other stock on the market. The price someone is willing to pay for D directly impacts its price, but that is offset by what others are willing to sell it for too. The good news is, we can see where these decisions are being made more aggressively, and we can use that information to our advantage. This is what we have done in the example below. Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Neutral | Neutral |
P1 | 0 | 0 | 69.80 |
P2 | 74.82 | 75.32 | 73.87 |
P3 | 75.83 | 76.82 | 78.12 |
Longer Term Trading Plans for D
May 30, 2021, 11:45 pm ET
D - (Long) Support Plan
Buy over 73.87 target 78.12 stop loss @ 73.66
D - (Short) Resistance Plan
Short under 78.12, target 73.87, stop loss @ 78.35