Price Targets from my TA on TH lift day Tuesday isn't it?
based on 'duplication' of the Rise from the first offtake as per fibionacci
A 29 Close would be an excellent result, With a 32 close Fantastic. Note CLOSE not just trading at it but Closing.
The Great Disappointment to LT MNSers is a strong Opening Gap at say 25cents. This could set up a reverse candle[open higher than close] like last time.
Close on High relies on Ongoing Buying ALL Day not just the open. Major say 50-100% Close Candle require Heavy Ears Pinned Back buying in the Afternoon Session 2Pm on.
A "problem" for MNS imo is the Oppies in that they will divert trading action from the heads especially of short term/daytraders.
Anyway so my prediction for THlift day CLOSING is 26 cents most probable
ranging to completely out of current sector behaviour of 28/29 CLOSING.
In short It's not going to 50 cents
sorry rah rah's,
Happy Trading and New Year.
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Price Targets from my TA on TH lift day Tuesday isn't it?...
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