MANA - Time For Lift Off!

In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected.

Our hard stops will remain below invalidation level but we can capitalise on a risk entry now.

For a safe entry, we can watch for the red trendline to break, which will still be relatively early in the move.

Trade Idea:
- For a risk entry, enter now with stops below the wedge OR safer stops below invalidation level
- For a safe entry, enter on break of red trendline
- Targets: 6, 15, 40

Goodluck and as always, trade safe!

Komen:

MANA 2D Chart