WED 8/12: MD – Holding the 10 DMA Yet Making Lower Highs – the 50 DMA Is Starting to Come Into Play

10:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.