UPDATE: MTN heading to test the mighty 200MA before downside

The Broadening Diamond formation has finally broken below. The price came down but on weak selling volume.

Now it seems to head up to test the 200MA before deciding which main direction it wants to go.

THe overall prior trend was down and the breakdown was also confirming for the bears.

WIll have to wait for a conservative approach for the price to test the 200MA before taking any action.