MPO 0.00% 14.0¢ molopo energy limited

technical bounce, page-6

  1. 420 Posts.
    bugga It was always going to drop down.
    Unfortunately there is more to come,will probably test 0.044/43 next.
    There is a diagonal support line touching on 30/08/04 and 21/01/05
    However , I reckon that an ascending triangle is forming with resistance line at 0.048 and that this is a pattern of some good trading to come in a week or two,if support holds of course.

    imo
 
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