The chart beloe shows how MNS.AX dropped after the SELL signal which was issued on 01/09/2015. Since then, the stock price edged down by a hefty 14.71%. This brutal bear move, however, may be over now. Our system verifies this change of mood by issuing a BUY signal. The BULLISH ENGULFING pattern that led to this bullish signal indicates that there is an upside potential of 36.97% . The signal has just been issued, so it is not late at all to throw the dice for a possible run-up. The overstretched correction seems to be over, at least for the moment. It may be the right time to join the bulls who started to show a reinstated enthusiasm for this stock.
MNS.AX MAGNIS RESOURCES (ASX) Close : 0.4600 [Oversold]
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The chart beloe shows how MNS.AX dropped after the SELL signal...
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4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
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