Chip Stock Vulnerable in Bear Flag Pattern
KLA Corp (KLAC) shares are bear flagging near recent lows and a move below 300 can see a quick selloff to the prior 2022 lows near 285 as all moving averages remain in a downtrend and MACD is in bear mode. A close back above the 8 EMA would invalidate the setup but a move down to 290 at least looks probable.
