MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS Chart, page-1078

  1. 1,124 Posts.
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    I do agree, and think the mostly sideways action and narrowing of range over the last year (less meat on the bones) is typical of a bottoming out with a final capitulation or sell such as the dip to 31c often marking the reversal.

    Perhaps, regarding higher highs perhaps the next close to look for is that bover 38.5c.

    Lets see what tomorrow and the next week or two brings, but I'm happy to bet that trend reversal has occurred and it's a return to happier times for longs.
    Last edited by Riskon22: 02/09/18
 
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