MNS Chart, page-1041

Hi Thaigher,

Earlier today you mentioned that 36 seems to be acting as support.

My view based on the hourly chart is that 36 is now resistance.

Support/Resistance zones can reverse once they are breached and tested. The stronger the historic support, the stronger the future resistance.

Here is an hourly chart along with a blurb from Investopedia.com:



For completeness, below is a long term monthly chart showing MNS and its relationship with 36 cents. It looks to me like 36 cents has reversed into being resistance and the hourly chart is showing the initial signs of that process.



So the next question is, what is the next support zone after 36?