$MNSO - RC -
Added 2024-09-26 19:44:06 +0000 UTCThis stock has only been on the exchange since 2020 so we don't have a lot of history to build on here and usually when a stock enters the exchange, there is some consolidation and range bound movement in a corrective wave.
We can make out a cup and handle, with the handle extending now in a channel since the middle of 2023.
Price is holding on the 0.618 Fib in this channel too
Price is still below the 50 and 200 Day MA's so another retest of the 0.618 Fib at $14.14 can come next, a hold here and this can move higher above the 50 and 200 Day MA at $19, ultimately, breaking out of the channel and this can move higher to its ATH line again at $35.
