MNS
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0.00% 4.2¢ magnis energy technologies ltd

Lots of talk about wedges and trend lines. I have a simple rule:...

  1. anf0
    1,595 Posts.
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    16/12/18
    04:38
    Post #: 36872457
    Lots of talk about wedges and trend lines. I have a simple rule: they’re in tact until the market tells you they’re not. This one is well over 12 months old now and I’ve been working off of it for a while. It’s incredibly accurate and I don’t know how anyone could see a single bit of bullishness by looking at this chart. It’s in a relentless downtrend and it’s a strong sell, plain and simple.

    B856387E-AD80-43E7-B2B2-63256DD2F62C.png
    Last edited by anf0: 16/12/18
    MNS Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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