Ultratech - Short term Bearish

Ultratech on daily time frame, we can see oval (if not perfect round) format.
Incase if breaks below trend line - we can see good downside in short term.

Please remember - currently trading just above 50 EMA
Volumes are below average

Next immediate support will be 50 EMA / 7054-6998 / 6685

Add to watchlist - please spend time and effort on own analysis before investing.