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For today's chart we've chosen to take a look at ANDE because it has fallen below the combined support of a descending trendline and its 200 DMA. As you can see from the chart below, the 200-day moving average was able to act as an area of support in the past, but it is now preventing the bulls from sending the price higher again - a sign that leads us to believe that the declines may continue over the short term.



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