MNS 0.00% 4.2¢ magnis energy technologies ltd

Watched the price action during the Auction. Sure...big...

  1. 2,194 Posts.
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    Watched the price action during the Auction.

    Sure...big sell...but someone stepped up on the buy side to absorb it...VWAP 50.6c

    50EMA has crossed above 100EMA (Chart Below)

    Saw similar trading pattern occur around 8 August 2015 (40.5c) before climbing to 58c...but in this Casino ANYTHING can happen.

    As always DYOR.

    @Tradergimp...interesting to see which way this goes in the short term...look forward to seeing your chart and reasoning for the potential pull back.


    Last edited by Stealth: 19/04/16
 
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