The downward trend has been in full effect since the peak on 6/12. This will get dragged lower, marking lower highs over the course of the next week, until this ticker is firmly below both the 100 and 200 day. Below that, there is nothing but trips awaiting.
And given that is is now consistently pushing below those MA's, support at that level is getting weaker by the day.
There is also no accumulation happening whatsoever.
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