UTX in Long-Term Trading Range

Although many Dow 30 components had a severe sell-down in December 2018, most have not gone up further than the previous highs. UTX is such a stock. It has now officially been range-bound for over a year, as it was range-bound before the December collapse.

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Candlestick AnalysisChart Patternscollapsecomponentsdow30highsprevioushighsrangeboundselldowntradingrangeTrend AnalysisUTX

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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