MN has great potential in coming decade of EV technology and specially Ev car batteries.
Company is in accumulation period and with strong support of USA industry will progress in wild pace IMO.
If you look at the pattern then cup and handle seems to be in making again for this stock. There might be one more dip towards $0.40 zone and after that consolidation we might see a quick return to $1 and if there is enough momentum to even break it and start a new bullish channel for LONG investments.
The stock had been definitely noticed by investors at the end of the last year so lets see how next month will play out for this great potential company.
No trading advice, just pure idea how I see this going in coming weeks. Share your opinions, fairly new in this field will appreciate any feedback.
Stay safe and enjoy the ride.
Cheers,
Company is in accumulation period and with strong support of USA industry will progress in wild pace IMO.
If you look at the pattern then cup and handle seems to be in making again for this stock. There might be one more dip towards $0.40 zone and after that consolidation we might see a quick return to $1 and if there is enough momentum to even break it and start a new bullish channel for LONG investments.
The stock had been definitely noticed by investors at the end of the last year so lets see how next month will play out for this great potential company.
No trading advice, just pure idea how I see this going in coming weeks. Share your opinions, fairly new in this field will appreciate any feedback.
Stay safe and enjoy the ride.
Cheers,