If I could predict the price of commodities, I would not need to be on HC. I would be challanging Warren Buffet for the world's richest mand title. So, no I have idea where it is heading. Looking at the charts, it appears to be in a downward trend with no sign of turning. Stocks are still high and have not come off sufficiently to push the price up
Re support level, the stock has not been this low since Oct 06, when it was in an uptrend. The fall has been so severe and so quick, I cannot find a support point easily.
Sorry
MCR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held