1MC 10.2% 4.4¢ morella corporation limited

AJM Chart, page-1142

  1. 2,917 Posts.
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    Good 1 @hoots... nice chart... but can I say that I never like to see pic's of rockets posted.... but you're probably onto something hey     ssshhhhhh

    Anyway, IMO I think we're close to getting a re-rate here, we obviously have news pending with an increase in the size of our Resource etc etc etc

    And yes, as you say the charts are showing that the RSI is a smidge overbought ATM.... and that we're approaching an all-time recent high of .28 cents...... but this is where I think we'll get a re-rate....

    My thinking is the earlier Golden Cross as shown in the chart below that occurred in Sept/Oct 2016 clearly showed the RSI was overbought at that time too... but the SP went on a 25+ cent run

    Time will tell what we actually get.

    Gltah.... staff, management and our contractors working on and off-site.... be safe up there

    Oh... and what a nice solid Green Candle we had today.. finishing on its high with rising volume.... doesn't get much better than that    


 
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