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small-cap

One NASDAQ- Listed Financial Stock at Resistance Level: MNSB

Sep 23, 2024 | Team Kalkine
One NASDAQ- Listed Financial Stock at Resistance Level: MNSB

MNSB:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

MainStreet Bancshares, Inc.

MainStreet Bancshares, Inc. (NASDAQ: MNSB) is a bank holding company, which owns MainStreet Bank (the Bank) and MainStreet Community Capital, LLC. The Bank is a community bank focused on serving the borrowing, cash management and depository needs of retail customers, small to medium-sized businesses, and professionals. 

As per our previous Diversified Opportunities Report published on ‘MNSB’ on 19th Sep 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 17.34 based on fundamental analysis and the stock price has now moved by ~10.15% since then and is trading near resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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