1MC 3.33% 2.9¢ morella corporation limited

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  1. 908 Posts.
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    The SP decline is a good thing. MACD, Relative Strength and Mr Stochastic TA indicators all showed AJM was very overbought . This SP decline will take the steam out the pressure cooker and allow AJM to eventually recommence its upward momentum. I suspect the bottom is somewhere around 25cps. After a sort consolidation period AJM will back on the band wagon!
 
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