That 21 level threw it's weight in again on Friday and kept MNS in the lower half of our channel, at least the fright a few days ago was met with demand so all good and it appears accumulation still occurring.
The makers, as I call them, are probably making more out of MNS than any long term holder will but that activity is what generates a chart. I've lost count of the no.of times that they've traded it between 18.5 and 21, they probably have too.
For those that like patterns there could be a cup and handle forming commencing on about the 8th Feb. Sometimes these work out and sometimes not but worth keeping in mind.
MNS Chart, page-1967
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