MKH failed to break past its historical high of 2.67 the past two days. It went up to its highest of 2.65 and fell back lower to closing at 2.58.
Followed by the next day black candle and an inverted hammer today, which i suppose would not make any great indication of reversal for the coming days, as it is not at the bottom yet.
I am curious as to whether the price might go to as low as 2.38 support level? As it retraced from the top BB line last two days and closed below the mid BB line today.
Let's watch its movement.
I believe there might be some accumulation on going at the moment before getting ready for its next spike.
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