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...
Fundies :
There is a global semiconductor shortage.
Manganese is used to dope semiconductors.
Joe Biden wants domestic chip production in the USA.
Technical :
cup and handle formation
the small cup play turns into a macro cup n handle.
Target: $23, $46
BULLISH TSXV:MN
On the left side, we have a 1 Month view and 1 hour chart.
On the right side, we have a 1 Month view and a 30 minute chart (zoom in)
I see a couple things here indicating a bullish breakout about to happen:
✅ A nicely formed Cup and Handle
✅Red flags: Indicating a Bullish RSI divergence. We have lower lows on the chart and higher lows...
MN.v is the *only* high grade Manganese project in North America that has a path to commercialization. Elon Musk recently said that the next gen EV batteries will be 1/3 Manganese. With many EV related stocks hitting fresh highs, the market is yet to notice this junior miner with a very unique project in Canada that has no competition in North America. Drilling...
