MaxCapital

MAT - Good Short Signal

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NASDAQ:MAT   Mattel, Inc.
There was a good short signal, after breaking through the resistance line and 200MA, and fastening below its level.
Such signals as this one are very strong in nature.
The GAP, which breaks through the resistance level of the channel and in addition opens below 200MA, is one of the strongest signals for shorts:

Given the general picture of this action, I see no reason to skip this signal.

Good Luck!
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