1MC 3.57% 2.9¢ morella corporation limited

AJM Chart, page-5342

  1. 912 Posts.
    lightbulb Created with Sketch. 38
    Hey mate.....well yeh fair call....I guess....sort of confused.png Heres a shorter term daily chart.....green box is what you talking about.

    We have been waiting for a technical change in trend for a long time....while i do agree its flattened out somewhat and love that there is some bullish divergence there on MACD & RSI again (this has been there before and trend change has failed).......we cant deny it made a new lower low @ 0.125 so still waiting for a base and a new higher low and higher high etc...Momentum is a hard thing to overcome........

    Lots of other trend followers / traders will also be waiting for this confirmation before jumping in......I honestly think AJM is on ALOT of watch lists wink.png

    https://hotcopper.com.au/data/attachments/1464/1464441-6d49c0f50a047613e7c23aa96bfef166.jpg





 
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