DuPont Drifts Toward Support
The light-volume breakdown that began last Friday has pushed down shares of DuPont (DD) to a key support area. The stock is working on a 12-day losing streak that has now dropped shares over 8% from its 2012 peak of $54.00.
DuPont reached this heavy supply level in May for the third straight month. The stock has struggled with this overhead resistance zone since mid-March....274 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.