MNS 0.00% 4.2¢ magnis energy technologies ltd

Robbo, are they shark fins at the bottom of your MNS chart?...

  1. 534 Posts.
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    Robbo, are they shark fins at the bottom of your MNS chart?

    Todays announcement seems MNS has put the cart before the horse. Franks' been to an auction and bought himself a plant that the market doesn't like . Order flow shows it's being sold into. Price bar thus far confirms it. Maybe things will change this in this afternoons session. Happy to retain my profitable short at this stage.

    This is what selling into news looks like (without a gap up this time):

    Screen Shot 2018-02-08 at 12.23.43 pm.png

    Here is what a real big battery company chart looks like:

    Screen Shot 2018-02-08 at 12.28.37 pm.png
    I know which one I'd be long and which one I'd short

    Will anyone sell out if the price goes down from here?
 
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