MKS Instruments $MKSI has broken below a triangle support as well as the 200-day simple moving average (SMA). We noted recently that if price held above the triangle and above the $100 per share mark, it would still be considered bullish. 2 of these 3 conditions are met, so if price breaks below $100, we can expect a push towards the $88-$90 support/resistance pivot area. MKS Daily Chart (click to enlarge) Breakdown:- As we can see on the daily chart, price has is now below the 200-day SMA and the triangle, but was able to hold above $100.- If price rebounds, let's see what happens around $110-$111. A bearish market should keep price below this critical support/resistance pivot. - So, if price breaks below $100, and if price shows resistance at $110, we can look for downside towards the $88-$90 area, which was a key support/resistance pivot since June 2017.