TradingView
TAjames
Aug 11, 2021 4:10 AM

Move from MNS could keep going given sector strength Long

MAGNIS ENERGY TECHNOLOGIES LTDASX

Description

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.
Comments
TAjames
absolute charting issues. extended and will need a week to reset off todays late sell off.
More