MA has rallied 100% from its base (lower blue line). It has recently printed two distribution days, today and Thursday. Today's close breached the trendline. Preliminary support is the 20 EMA, followed by $230.00 (former resistance). Major resistance is $250.00.The trendline is too steep to be maintained. Corrective trade into the two immediate support levels noted above would be constructive over the near-term.
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