SOHU has been making lower high, lower low since September 17.
And yesterday, there was a fairly high volume selldown bringing the price down by more than $2.
The Weekly Chart suggest a support at $62.71 with a fairly thick kumo supporting it below.
While on the Ichimoku Daily Chart, it has just pierce through support at $64.62
If the price drops further, we may see a confirmation with the Tenkan sen crossing the Kijun sen.
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