Hi Blingmaster.
I think you may have your Comany Names and ASX Codes mixed up a bit.
Company Name: MPI Mines Ltd. Code: MPM
Nonetheless it would appear that MPM may be at the lower end of its retrace but, I would keep a tight stop loss. If it drops below $1.53 it will probably drop quickly to $1.47 or less.
Cheers,
Fig Jam
I don't hold MPM