MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS charting update October 29: MNS has tried to rally above 15...

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    MNS charting update October 29:

    MNS has tried to rally above 15 cents the past 3 days, only to be beaten down by sellers to finish days at low daily bar closes of 14.5 cents.

    I think this is the classic testing of prior old support becoming new resistance. 15 cents looks like new resistance. 10 cents new support.

    I think Roka made the right decision selling at 16 cents. Last weeks prices seems to look so good for MNS each week.

    Chart to follow.
 
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