Raymond James Upgrades DISH To Strong Buy From Market Perform | August 26, 2019

Taking a look at the monthly price chart for DISH and you can see that strength is not being reflective. $36.00 is the current resistant area for DISH. Until this stock breaks to the upside of $36.00 it is presumed to be weak. Last months price bar confirms that weakness is still present. At best this stock will consolidate from $36.00 (resistance) to $24.00 (support). While in consolidation watch to see if more strength appears; if so, then DISH will breakout to the upside of $36.00 if not, DISH will continue to move lower.