potential downtrend reversal chart break

First take a look at the chart of a very similar copper company MNC

Notice the strong down trend from over 6c in Feb to just above above 1c in June and if you draw a down trending resistance line you will see that this broke in early July and from then on the stock reversed its trend

Now look at MMCs chart similar but more savage down trend from highs of 18c back in Feb to just over 2c now
Again if you draw a down trending resistance line it looks like that may have been broken to the upside yesterday

As MNC shows these reversals can be very powerful moves back up and given MMC fell from 18c a move back to 8c wouldn't be out of the question