MNS 0.00% 4.2¢ magnis energy technologies ltd

heading to 60-65c, page-27

  1. 2,473 Posts.
    zhi

    just been looking over the chart a bit closer.

    the 50% retrace from its high of 1.33 is 66.5 cents, which it went down to today. i would expect a bounce from there tomorrow, and even more so since its now had 4 down days in a row. you would reasonably expect a bounce. how high the bounce will be though i don't know. perhaps back into the 70's. won't be seeing $1 for a while though i'm afraid, not without fantastic news.

    if it does not bounce ... lookout. could be a bit depressing, dont see much support till maybe the low 40's.

    lets watch and see. all the best dude. hope u can recover some of your losses.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.