FWIW I think MAK'll retest $1 soon, if not resistance @ $1.10, (round numbers).
You're most probably looking at a rehash of July with a continuation rectangle pattern forming, (or a descending triangle if $1 can't be broken), while the Bollinger bands squeeze over the next month.
With either pattern the rough target will be the length of the blue line, which will result in MAK finally finding decent support @ 40c ish...
Once there a gap fill @ 28.5c, (green arrow), can't be ruled out...
IMO, DYOR
Regards
Chalea
how low will it go, page-190
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