Buyers have brought MAK back up from 47 cents. Should MAK close at 51 cents or higher this will provide a large tail and a Dragonfly type Doji. It will be fairly bullish and provide an indication that support is fairly solid at the 50 cent mark. Mind you it is early days but I like what I am seeing.
Secondly if MAK finishes around the 51 cent mark, it further reinforces the charting view that we are moving into a new pattern.
Thirdly the 100k capper got scared off 51 cents and moved up when the price got close.
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