I believe there is to much overhang in the red candles from last week. But strength this week has shown holders that the company is still sought after. I feel one more recoil to test 36c followed by a couple weeks under 40c will allow a strong move for MNS next time that wont be sold into. Still see MNS as a $1 company in the future, but for now there is still a lot of selling pressure around that would keep the share price under 40c. I could be wrong, but id rather be right so that MNS next move is a strong one.
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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.