I believe you are correct. I had a bit of a look and from what I can see there needs to be a few good sustained closes of ~$1.32 or better to solidify the change in trend (at least for a short term reversal)
A good indicator of a bottom price range was the Bollinger 20 hitting the lower line of the Bollinger 200 in early April. From this point it was, for me, a matter of waiting for indication in the moving averages (20,50,200) this is starting to take shape and I will no doubt be making the first of a few purchases in the coming weeks.
** The triple bounce of of the ~$1.12 price was also very encouraging.
All IMO, best of luck to all holders.
MLD Price at posting:
$1.29 Sentiment: Buy Disclosure: Not Held
