MNS 0.00% 4.2¢ magnis energy technologies ltd

Up over 13% today already... This will follow in the footsteps...

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    Up over 13% today already...  This will follow in the footsteps of TON, SYR etc.

    Bollinger Bands Analysis:
    UNX.AX has closed above the upper band by 20.2%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 20.2%. If price is in a uptrend band; this upward trend in price might continue.  However a short term pullback inside the band is likely.Bollinger Bands are 133% wider than normal. The large width of the bands suggest high volatility as compared to UNX.AX's normal range. The bands have been in this wide range for 1 bars.
    This is a sign that the current bullish trend might continue.

    http://www.barchart.com/opinions/stocks/UNX.AX
 
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