MNS magnis energy technologies ltd

yes, its been rangebound for 3 months 18-22cits formed a...

  1. 10,992 Posts.
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    yes, its been rangebound for 3 months 18-22c
    its formed a beautiful flooring pattern at 20c with solid support & typical inverted v v v v moves.
    this sideway pattern shows a new ledge has been created & the long bear run of 3 years has on TA finally been broken.
    the 30dma has crossed the 200dma, the golden cross.
    where are all those bullish traders now?
    those who ramped this stock last time from 20c to 90c.
    if anything they should be here now as the charts stochs rsi volume are showing a breakout to upside is on the cards

    no doubt the Tesla battery day with $22T investments into battery commodities will be bullish for graphite battery stocks.

    the TA is bullish..look at barchart.com.
    or look at that 3 month chart..
 
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