The structure of the counter looks distorted as it has given a closing below the 200-SMA and is also trading below all its important averages. MACD and RSI are showing weakness and supporting the trend.
US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns
The US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led