Changing the Lens starring Mack-Cali Realty

There are times where I notice a very clean Trend in a stock chart and it always amazes me that price or a moving average can behave so elegantly. To show a recent example I came across I bring you the Daily chart of $CLI (clean, basic chart to start with):

CLINow let’s take a look at the chart when I add a downtrend line:

CLI_TLThat seems so interesting to me that the 50 Simple Moving Average can drift down holding hands with this downtrend line. So cool.

Now I want to mix it up a little to show how this current Breakout play is setting up so let’s change the lens:

CLI_BOBattle stations, breakout time. And it looks like Mr. 50 SMA wants to join in the squabble too.

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