RMBS: Bull Run Over? Major Breakdown Signals Deeper CorrectionRambus Inc.BATS:RMBSibraheeemzRMBS has confirmed a major technical breakdown, suggesting its long-term bullish trend has come to an end. After breaking down from a Rising Wedge, the stock has now lost the critical 119 support on exceptionally strong volume—a bearish confirmation that sellers are in control. Key Technical Observations: 📉 Confirmed Rising Wedge breakdown, a classic bearish reversal pattern. 🔻 Decisive break below the major 119 support on heavy volume, adding conviction to the breakdown. 🎯 The measured target from the Rising Wedge points toward the 70s, implying substantial downside if the bearish trend continues. While short-term relief rallies are always possible, they are likely to remain corrective unless the stock can reclaim key resistance. Bullish Invalidation The bearish thesis would be invalidated only if RMBS can reclaim and close decisively above 150, indicating that buyers have regained control and the recent breakdown was a false move. Until then, the technical outlook favors further downside, with the wedge target in the 70s remaining the primary objective.