MRC Weekly chart
Chikou span is trying to bounce above the tenkan sen line.
Price is still above kumo, suggesting bullishness.
Price is currently inside a box pattern with resistance at .186.
A close above .175 (38.2% Fibo level) would be a momentum trader’s buy signal.
Short term support at .171/Medium term support at .16
Ichimoku Trading Strategies Webinar
April 1 and 8, 2017