MNS 0.00% 4.2¢ magnis energy technologies ltd

There's significant resistance between 40-50c. The volumes...

  1. 12,636 Posts.
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    There's significant resistance between 40-50c. The volumes recently have been huge, with large volumes of shares trading hands. Once 50c is broken there will be new long term investors coming in the 40-50c range, ready for the next leg up. I think there are a lot of stale holders wanting out but once these are cleared it's blue sky. More contract announcements should do it imo
 
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