Which indicators are you using to show the trend is down? For every indicator you have to show the trend is down, I can give you two that show the trend is up. There is more to TA then just clicking a button. The chart shows the stock price pulling back to support - both recent support, and about same place where there was support 10 years, ago (though technically support that old shouldn't count). Bad news will will pull the price back down, and good news will push it back up.
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