1MC 20.0% 0.3¢ morella corporation limited

AJM Chart, page-4424

  1. 42,218 Posts.
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    Don't know anything about this company besides about to become a producer.

    The technicals are all lining up for that confluence 19C level. Rising trend line confluencing the support flip level with RSI in the serious OS and key Fib 61% retracement. I haven't see this type of confirmation for a long time.

    If 19C does get a test then it is obvious you don't want to see it snap through regardless how strong those technical overlapping signals are. Alternately 11.5-12.5 is a very strong support but that would be deem a 'value' entry?
 
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