MAL, Magellan Aerospace.

Initially bought at $0.33, and sold subsequently is worth revisiting just in case it is still owned.

MAL nov 2010

The correction from the lows is looking a lot like an A-B-C in which the C is forming a diagonal triangle, a.k.a. pennant or rising flag. These are bearish structures and this one has lasted a full year and travelled the exact same distance as the first up-leg. The RSI and MACD are dropping. A sell in my book.