MA is crossing down for a long term sell and hold
Broke through the monthly low trendline. bouncing of short term daily trend.
Breaking Trendlines
Short term it may give us new buying opportunities. Keep an eye on the support areas.
I am taking this Short. It is a Short term play and looking for opportunities to take some profit and go long again.
Watch for break at resistance. Upward Long term, but when it breaks support I expect a quick drop to low end of upward channel. It will be a good short term trade.