MNS 40% CUP & HANDLE

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(ASX:MNS) Magnis aims to become a leading global producer of next-generation green credentialed Lithium-Ion Battery (LIB) cells, enabling the future energy requirements of the world, the global storage of renewable energy and electrification of transportation.

Recently Breaking out of the Pitchfork to once again test Downtrend Trendline & Resistance for 40-44%

- Cup and Handle Pattern Anticipation
- Pitchfork Broken & Retested
- MACD Bullish and Spread
- Market Structure in the short term Bullish
- Bounce off the .618 Fib Retracement
- Risk Reward a comfortable 2.6:1
- TPs at Previous Structure

A clean break of this resistance should see us Take Profit before the Trendline Test.

These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!

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