AZEK Daily Bear Trap

AZEK completed a bear trap today after prices recovered quickly back over the support line and 200 EMA .

It also showed MACD histogram divergence when the new price low made on Jun 17 had a much higher low on the histogram than the price low on May 17.
AZEKbeartrapChart PatternshistogramTechnical IndicatorsmacddivergenceMoving Averages

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