The Swiss sneaker maker recently broke out of the downward triangular pattern, but now looks poised to head downward. Looks to me like a failed bullish breakout here. MACD signaling more downside is on the horizon for the short term. I predict A break below 36.30 support will lead to stock price dropping to 34.15, and from there possibly further losses down all the way to the 28.30 support mark.