G Iii Apparel Group Ltd (GIII): Price Now Near $25.29; Daily Chart Shows Downtrend on 50 Day Basis

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The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

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