MPV hit my stop yesterday at $1.95 and sold.That's three profitable trades I've had on this stock over the last year. I have checked the charts and the most troubling is the weekly candlestick showing an evening star pattern.
https://stockcharts.com/def/servlet/SC.web?c=MPV.TO,uu[h,a]waclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lc20!Li14,3!Ld20!Lya7,14,28!Ll14!Lm12]&pref=G
I did a fib retracement on this last rise and the numbers I get are 38% = $1.60, 50% = $1.45, 62% = $1.25. There is also a well defined support level at $1.30. IMHO Debeers won't leave all these diamonds in the ground indefinitely, I think this rally just got a little long in the tooth and profits were taken in the midst of a generally weak market. I would like to pick it up again at one of the fib levels. Good luck to all.