Aurinia Pharmaceutical $AUPH recently looked like it was going to start a bull run after a strong push in May. Price action has been confirming some bullish bias, but looks weak in June so far. A break below $5.40 might put shelve the bullish breakout and open up a bearish outlook.AUPH Daily Chart(click to enlarge)At Support:- I might be prematurely calling AUPH bearish because price is still above the cluster of 200-, 100-, and 50-day simple moving averages (SMAs). But any lower and we will see price slip below them.- Also price is still above a recent rising trendline. Again, a break below $5.40 would clear that.- Finally, the RSI is still holding above 40, which reflects maintenance of the bullish momentum. That can change soon too.- I am making a bearish assessment now because the 6/27 session bearish candle is a bearish engulfing one.Hanging on:- What would reflect the market hanging on?- A hold above $5.40 and a rally back above $5.75, basically reversing the 6/27 session candle, would be a sign of resilience. - Otherwise, I think AUPH will be going towards $4.40 and even $4.00 by the end of the next bear run.