Playing Mattel's momentum?

Technical

• MAT broke and sustained its 200sma resistance a couple of days ago.
  
  
• Todays candle above the trend (pink trend line) are confirmation MAT longer downtrend might be over.
  

Fundamental / News

• December 15th tariffs were removed, easing pressures for them. However, 25% tariffs will remain on $250 billion
  Chinese imports and 7.5% will be put on much of the remainder.
  
  
• Mattel (MAT) said Monday, December 9th, that it plans to offer $600 million aggregate principal amount of senior notes due 2027 to institutional buyers, subject to market conditions and other factors.