1MC 3.45% 3.0¢ morella corporation limited

AJM Chart, page-5339

  1. 1,339 Posts.
    lightbulb Created with Sketch. 48
    Please note what happened immediately the share price reached the uptrend line on the chart.
    I don't expect the stock to roar to 20-25c ...........but I may be wrong.
    Many shares are trading at loopy valuations on Wall Street and on the ASX........
    To be honest, I can't wait for the market to prove my caution premature........
    Please note I am NOT making a negative comment on the company, or its management.
 
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