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For today's chart we've chosen to take a look at HANS because it has broken below the support of its 200 DMA. This move below the moving average may be used by technical traders as a signal of a long-term shift in trend. It would not be surprising to see the bulls try to step in and push the price back toward the resistance near $36. However, we'll keep a bearish outlook on HANS until we see the price close back above the dotted trendline.

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