MNS 0.00% 4.2¢ magnis energy technologies ltd

That's absolutely correct, but that isn't the point really, is...

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    That's absolutely correct, but that isn't the point really, is it? It probably would be the reason why, as a chartist, you wouldn't want to comment on the monthly candlestick! It is the middle of the month, you would say, and it most probably will change until the end of the month. I would whole heartedly agree on that point!

    As suggested the weekly CS on completion, did change from a bearish "Shooting Star" CS standing for possible reversal yesterday to a more natural CS today, however still being held back by an anf0's falling trend line (tick - credit where credit is due!). 


    The following is my speculative opinion only: 

    This run-up has not seen an announcement as yet, which in so many cases has capped of similar moves. Therefore I would expect such an announcement early next week and I would not be surprised to see a possible high of about 39 - 39.5c or even 40c on the outside before once again correcting. 

    https://hotcopper.com.au/data/attachments/1357/1357566-44552bfe3a48bc641c31393688eac514.jpg

 
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