DOW
Time to buy DOW?$33.65
$-0.77 (-2.24%)
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DOW ran from about $28 in early April to $35 in mid-May off a CEO succession update and first quarter results that showed cost cuts and pricing actions taking hold.
The stock has the potential to go down if it loses $32, with room back toward $29 to $30. Another weak quarter, softer polyethylene pricing, or more disruption tied to Middle East and Europe operations would likely speed up that move.
If DOW holds the $32 to $33 zone, a move back toward $36 to $38 is on the table. Resistance at $35 is the first hurdle, especially if chemical pricing improves and the market keeps buying the turnaround story.
Analyst Ratings
Dow Inc. Earnings
We don't currently have information about Dow Inc.'s earnings.