Thanks Cabbie, that's a well constructed technical analysis...

Thanks Cabbie, that's a well constructed technical analysis chart. To my interpretation, a possible rally into the 45 cent zone would represent an ideal technical point to consider a CFD short position in MNS given it's strong downtrend.

My CFD provider is IG Markets. Unfortunately recently they stopped taking orders for MNS short positions, perhaps other providers can facilitate this. It's a pity, because I would have liked to have added  to my existing very profitable  short position in MNS when it recently broke below the triangle pattern you display on your chart.

As U.S. trend trader Larry Tentarelli says; "Bad things happen below the 200-day MA." And indeed that has been the case for MNS.