TAjames

Trapped buyers on MNS chart, will take a few days to digest.

ASX:MNS   MAGNIS ENERGY TECHNOLOGIES LTD
Terrible first hour that was followed by a constant sell off. With that said, a lot of selling volume between 45-50c that will now need just as much volume to break. I expect to see a couple weeks sideways action before pushing back up. Stop at 36c, with re entry chances at 31 or 32c.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.