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CACB is once again making new lows (I know, this ain’t news) and I’m once again looking for a bounce.

The divergences between price and MACD (bottom of the chart) are just getting gross:

Bottom line is the stock NEEDS to bounce here. Every indicator I look at is pointing higher right now.

And if it can’t get up off the mat I gotta take it as a very ominous sign.

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