News: MLB Melbourne IT aanounces board changes, page-5

too hard to say, all depends if demand comes in for the stock. in the ST, i suspect we may get a bounce which i would personally be selling into , we are oversold right now. I dont think it goes below $2.70 without a bounce.

If this a true top, we will form a right shoulder to the H&S pattern and a lower high.

Of course i could be wrong, there are only possibilities in the market, no certainties.

The bullish case is we rebound back above the 50sma on higher volume creating a shakeout and we build a small base on top of it. I see this as less likely.