1MC 3.03% 3.4¢ morella corporation limited

AJM Chart, page-3402

  1. 191 Posts.
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    Daily ALTAF chart.  Negative H&S pattern in play.  Share price touched 200ma and support at .26.  My almost 4 bagger has gone from a 3 bagger to a potential 2 bagger.  .26 is the line in the sand as it represents the 200ma which the SP has been above since August.  FMC chatter about their LI spinoff IPO in October which will give us an indication of interest and value in LI space.  If successful ALB will probably spin off their LI asset.  Sensing there may be some near term supply issues as several companies come online, but LI price remains firm.  Also reading lots of batteries and EVs being sold, so a mixed bag.  One year ago my price target as we entered production for ALTAF was between .35-.40.  Very surprised it is not at that level.  A lot of speculation going around regarding SP but my main belief is there is not enough demand for LI stocks at the moment, and what demand there is more than enough stocks to fill that demand.  Hoping we start production imminently with a channel of communication from the company when that day arrives.  GLTA! ALTAF4.png
 
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Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $9.206M
Open High Low Value Volume
3.4¢ 3.4¢ 3.3¢ $691 20.39K

Buyers (Bids)

No. Vol. Price($)
4 326586 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 123310 2
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Last trade - 14.28pm 30/08/2024 (20 minute delay) ?
1MC (ASX) Chart
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