TAjames

Move from MNS could keep going given sector strength

Long
ASX:MNS   MAGNIS ENERGY TECHNOLOGIES LTD
Im not one to buy something so extended on the daily. But something tells me MNS has alot more gas in it over the next few months if Biden keeps pumping the EV sector. Looking at the monthly chart, alot of volume churning through, and a break through 50c could see the start of a long term uptrend. 2 to 3 year target of $1.50 - $2. Could come sooner though if MNS deliver the almost billion dollars in binding sales they have.
Worth a follow or small parcel buy if you have the same thoughts on the 'green' sector.
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