you are right my friend but not that low.going over the charts i can see a gap at 5.4,5.5 that needs to be closed,and going back on previous,all the gaps been closed and bounced off to move up higher.so i feel once this has been closed it will move higher.
As we saw yesterday in KAL the sp moved down to kiss the gap at 10.5 which was quickly rallied back up by smart investors knowing that the gap had been closed.
Although i may be incorrect and the SP may spike higher tomorrow by fellow traders,but i do feel it will close this gap. AS we see friday as a down day/profit taking day,this may be the time.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held