UPDATE:

mksiI wouldn’t say the trend is over or has been violated here on this exit. But price is under the 10 & 20 day ma and MACD turned bearish. Also an undercut sell rule triggered on both the 10 and 20 day violations. volume also was higher on the failed b/o and sell off days then the days where price tried to move towards the top of the base. I will watch and consider revisiting above resistance around 31 ish

 

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$MKSI

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