MAT, Mattel Inc.

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Among other things , Mattel makes the Barbie doll which is a must apparently for any girl in North America.  She, the doll that is, broke up with Ken many, many years ago but recently Ken was reincarnated and they are back together. Not a bad marketing ploy but the question now is how long it will last. By the looks of the chart , not very long. The stock has essentially been in a 10+ year corrective mode, tracing out a fairly clear A-B-.

The 2 year chart has two very distinct triangle formations in it, likely in the wave 4 and 4 of 5 positions. this pretty well guarantees a sizable pull back is just around the corner.