MNS is a stock for the long term @chester1965 and I think you've realised that - the history of participants has always been a problem and it's a shame to see it arrive here on HC as it destroyed another site almost in it's entirety. The lack of sensible charting commentary in a charting thread should be of concern to HC as well with many of the same comments being made again about "giga" this and that.
A monthly chart sums up your statement of "hovering here" and you can see the previous resistance level now acting as strong support. A longer time frame also shows just where that potential supply is coming from as well as the obvious from below.
MNS Price at posting:
27.5¢ Sentiment: Hold Disclosure: Not Held