260-210 accumulation zone and on top of that there is a 288-260 accumulation zone which was tested in August and again in October. But now there is a defensive, if not "distributive" appearance to the chart of MA. The large swings up and down from 340 down to 300 suggest a large seller has been dumping a significant position. The rally here from 295 to 330 suggests it is worth a try on the short side. Look for a test of the $312 area and use a $340 stop loss.
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