1MC 20.0% 0.3¢ morella corporation limited

AJM Chart, page-4297

  1. 2,807 Posts.
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    VWAP for the day 27.8 - a green day when PLS, GXY and cough cough TAW, all in the red.

    VWAP has been 27-27.8 for last five trading days, accumulation continues for the brave.


    Its feeling a little bit falling wedge, but I'd like to see stronger MACD convergence....maybe confirmation of offtake price, and volume to be shipped next week will see us test and break that upper resistance looming at 31c next week...resistance at 34 could hold us up en route back above 40.

    Did the market not think we were capable of sending Spod down the road on a truck?

    Will she blow back past 40 and stay there till Christmas?

    Will we never see El Jefe's comments again on these threads? We live in hope...

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