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Dow (DOW)

Back in December, a downtrend in Dow (DOW) shares bottomed out with a successful retest of support near $52.50. Since then, the shares have been steadily recovering in a Rising Channel of higher highs and higher lows. Dow snapped a downtrend line to signal the start of the current recovery trend and has staged a series of successful breakouts, the latest coming on Thursday when the shares blasted through $65.00 on a jump in volume, a sign of increasing investor interest.

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