Technically not a good day for MNS, breaking down the long term wedge pattern on higher than average volume. I tried to add to my short position with IG markets mid-afternoon and was informed that new short selling positions on MNS with CFD's is currently suspended. When market makers won't take new shorts on a stock that's a very bad omen in my experience.
IMO Magnis need to find mining funding for their Nachu tenement within 60 days or this will be punished by a market sick of diversions and excuses.
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Technically not a good day for MNS, breaking down the long term...
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