LBICAP Bearish breakout

As of 20 November, 2020, LBICAP has been strong uptrend as suggested by the upward sloping 20 and 50 MA. However, we have to be careful as the recent price action broke the support level. This breakout accompanied by higher than average trade volume which shows bearishness of the trader to push the price lower an past this support hence pointing to a higher probability of bearish breakout.