MNS Chart, page-1184

***there was a terrific opportunity to enter MNS in early November and take very good profits till mid December***

Yes, that was just 7 trading days after, on a different forum, you called for the turnaround based on "the famous Cabbie retrace candle group", but MNS SP decided to fall another 26.6% from 69.5c to the low of 51c! This particular down move started at the high 96.5c and finished at 51c or ~47% lower. I guess following a 5 wave down move, it was high time for a corrective abc move up! Around that time time Professor Whittingham had just joint the board and unrelated, I guess, possibly some information might have filtered through that some news was on the way.

Anyway be that as it may, on 16.November 2016 a major announcement hit the market https://www.asx.com.au/asxpdf/20161116/pdf/43cy3n07tbg4c3.pdf, confirming that the abc correction already on the way was justified, leading to an interim high of 76c the next day, before falling back to 65c again. This causing a possible RSI failure swings (see chart)
, which was confirmed on 5.Decamber 2016 and SP accelerated again for a 91c lower high completing the abc correction up!

Thing is not everyone likes to trade against the trend, however you never know, like in this case it would have been totally worth it, especially if one got on early!