This has been kept down similar to MDR between 2.7-3c and then broke out. But accumulation still continues.
MNQ may go throuh same phase of trading range; around 2-2.7c. However, once market players have enough fill they will start pushing her higher prior to next +ve announcement.
I mostly buy stocks going through such accumulation and few parcels at diff prices for ST-MT. Once market makers move her and wider audience start chasing, thats a good time to sell partial, keep a portion and trade with a small one.
Cheers
J
MNQ Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held