Channel on MNP

Updated
MNP has been trading in a parallel channel since mid April and it seems to be heading toward the bottom of the channel for a possible bounce upward. If it fails to break through the bottom of the channel and bounces off support, I will consider entering a long position on the move up to the bottom of the channel. I will wait for confirmation first before entering.
Order cancelled
ALSIjsemondisouthafricaTrend AnalysisZAR

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