longer chart

Hello fellow holders,

MRE has just broken its long term downtrend.
The current wishy washy behaviour of the sp, IMO is to be expected, as now it is crunch time, continue on a new uptrend, or drop below and continue on the downtrend.

Which will win? I think the answer is in:
nickel prices
stock piles
resurrection of the global economy.

Many stocks appear to be in the same boat, now.

IMO Mre is well priced atm. A drop in stockiles and increase in Ni pricing will see this one jump.

Good luck