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There's some technical clues that could point to a bottom, but...

  1. 447 Posts.
    There's some technical clues that could point to a bottom, but we haven't seen them yet. The big hammer on volume a few days ago was a potential, but no follow through. Need nice white candles after. Next, you probably need a couple of higher lows and highs put in before more potential. Also need some horizontal and diagonal resistance broken. None of this has occurred so far, so any call of a bottom is just wishful thinking. For MAK, until it breaks down trendline resistance around the $1.25 mark, and critically, $1.30-40 ish, it's not going back up.
 
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