MNS 0.00% 4.2¢ magnis energy technologies ltd

It is Friday, so let's do a weekly chart update including the...

  1. 298 Posts.
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    It is Friday, so let's do a weekly chart update including the multiple fast and slow moving EMAs also known as Guppy Indicator, which have so far painted quite a clear picture of where MNS is at.
    If Tuesday's announcement will have a dramatic influence remains to be seen and probably depends what actually is going to be announced and more importantly what details will be revealed about the financial term sheet. Will there be any near term timeframes indicating future production or will it require further "high level negotiations"?
    MNS weekly update 15-03-2019.png

    Logic would suggest that further upside would have to be expected, which the start of it is already visible in the lower shadow of this weeks CS and goes along with my charting comments on the daily chart above.
    Last edited by MaxAction: 15/03/19
 
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