chart - maybe time to go long?

MCR has been in a downtrend for a while now (As you obviously know)... I have been following it but I think it has completed this week. A bounce is due.

It's still in a down trend but I feel its capitulated and will now move higher - Back to $2.00 perhaps.

Until it breaks $2.00 and moves above its EMAs it will likely continue it's downtrend.

Honestly, I'm not sure why its so sick, its fundamentals are pretty solid.

All bets off if market crashes :)