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MAQ at a critical level. Keep an eye on this one

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MACQUARIE TECHNOLOGY GROUP LIMITED (ASX:MAQ)  
ASXSignalCentre  
ASX:MAQ   MACQUARIE TECHNOLOGY GROUP LIMITED
Trend Analysis
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trendanalysis
MAQ at a critical level on or close to 200 EMA which is also the point of control for the volume profile for the may to nov 2020 upswing. a new downtrend has formed. a break below the POC/200EMA could see price fall to the next support level at 40.00 which is also psychological level. Price could hold up today as tech had a big overnigh jump in US but i'm keeping an eye on this one for a close under 45.50 under next week. MACD & RSI supports the case for bearish move. For educational purposes only. Do your own research
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