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3.57% 2.9¢ morella corporation limited

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  1. Jako8557
    19,112 Posts.
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    22/03/12
    12:18
    Post #: 9877311
    Yep, spot on Londoner.

    Absorbing supply at 18.5, no point in paying more just yet.

    If successful this may clear the path higher in the future.

    No real intent to push it lower at the minute, so I have to consider it absorbtion volume (or soaking it up, as you say), or until something different happens (a change in behaviour).

    cheers

    AJM Price at posting: 18.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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