This asset has been on a solid decline since the end of 2013, and there really isn't much to indicate a turnaround. Note the small wedge pattern forming. MT is desparetely trying to find footing, but there is a strong downtrend, and it keeps establishing new lows. The MACD crossover indicates that small attempt at a rally starting on 10/02 has taken a turn for the worse. Furthermore, the OBV indicates complete lack of buying pressure.
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