jackward24

MNGA ready for next BULL RUN

Long
NASDAQ:MNGA   None
Magnegas Applied Technologies made a bull run during early October after the launch of phase 2 Magnegas. So far Magnegas has been expanding and reaching new markets, increasing its market share from just under $6 million on September 26th to over $40 million currently. Also, recently magnegas was recognized as the most Innovative Sustainability Solution” at the 2018 Maritime2020 Asia Summit in Singapore. Magnegas has been testing price strength since its original run in October and has held several moving averages. Looking at MACD as well as market momentum I believe it is ready for another run.

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