MNS Chart, page-1270

On 22.December I posted the following: The following chart speaks for itself and only leaves open the question if the new 25.5c low was the last new low? Going by the indicators a bounce should be close, but will there be more than just another bounce in SP to reach another lower high? https://hotcopper.com.au/threads/mns-chart.3205973/page-1216?post_id=36943095

Since then MNS made it from the 25.5c low to a 37.5c high, a slightly higher high for that matter. However that doesn't make for a new uptrend yet, but it could be the start of it!

If right now we would assume though, that 25.5c was the bottom, then theoretically and for the normal run of things, something like an ABC up correction (5up, 3 down, 5 up) should follow. 

So far, and I’m not saying this is the end of it, I can identify what looks like 5 waves up for what could be A, reaching to a high of 37.5c. Today’s drop could be the start of the 3 corrective waves down, which eventually and hopefully for holders could lead to a higher low for what then could become B. In the process the open gap at 31c could be tested and possibly closed! 

With predictions of much higher prices very soon flying around, let's see how the above slow and steady might work out, as time passes.