Dow Jones Futures Fall: Market Rally Closes Off Lows; Roku, AMD, Tesla Lead 10 Bullish Reversals

 Dow Jones Futures Fall: Market Rally Closes Off Lows; Roku, AMD, Tesla Lead 10 Bullish Reversals

Dow Jones futures fell modestly Thursday night, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significant losses Thursday, but the Nasdaq and S&P 500 found support around short-term moving averages.




X



Many stocks reversed off key levels. Roku (ROKU), Advanced Micro Devices (AMD), Crocs (CROX), InMode (INMD), Upwork (UPWK), Denbury Resources (DEN) and Figs (FIGS) tested their 21-day exponential moving averages, while Tempur-Sealy (TPX), Ford Motor (F) and Tesla stock found support at their 50-day lines.

Roku stock, Crocs, InMode, Figs and Ford arguably offered buying opportunities from their reversals. AMD stock, Upwork, Denbury, Tempur-Sealy and Tesla (TSLA) found key support, but might have buying opportunities a little later.

Tesla, Ford, InMode, Tempur-Sealy and CROX stock are on IBD Leaderboard, while UPWK stock is on the Leaderboard watchlist. INMD stock and Roku stock are on the IBD…

Read full article…www.investors.com