Untill it breaks out of its downtrendng channel, MBL is still going down.... as they say trend is your friend till the end.. if it does break out of this downtrending channel [which I doubt] then it will go back to $75. But considering the six month trend is down, why discount the overall trend.. it's merely oscillating between the channel...if it has a negative day tomorrow short it with your ears pinned back.
