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 :)
MCR Price at posting:
$1.74 Sentiment: ST Buy Disclosure: Not Held