It might not be a steep enough trend for Macdunk, but it does, however, seem to be in a trend (actually slightly clearer on a log scale, but I can't paste that due to technical issues). Perhaps Macdunk just didn't notice it when it was still cheap....

MFT did recently get very close to it's 200 day SMA, but on a log scale, it would have to breach 180 to end the uptrend. The two red lines reflect resistance levels. The line at 1.95 was MFT's previous all-time high in 1997, so MFT has broken out of it's long term trading range, and more recently is showing (hopefully) signs of braking the resistance at around 2.05 of recent times. Apologies for the uselessness of the Volume chart.



Disc: MFT