Yes - the pullback may well be on. Look at the market depth on the buy side - huge gaps all the way through, including a gap from 2.20 to 2.46 with no offers in between.
I still think it may pull back to somewhere between 2.00 and 2.20-ish, but I could be wrong. That's what the chart is suggesting to my eyes....
And of course, in order to flash a "Buy" signal, it would need to bounce off that level and head north again, and on good volume. Preferably increasing volume. If that happens - I'm in :)
MRU Price at posting:
$2.75 Sentiment: None Disclosure: Not Held
