1MC 16.7% 0.3¢ morella corporation limited

AJM Chart, page-38

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    Yes, 15.5cps appears to be a significant level on the AJM chart (and FWIW, the next higher one above that is @20cps).

    It can clearly be seen that price consolidated just below that level before price accelerated higher in early April,
    Then on the way down price attempted to support at that level, before breaking down in mid August, when price was on the way back down. Currently since breaking down, price is moving sideways in a trading range (a potential accumulation zone).
    There have been two (unsuccessful) attempts so far to move above 15.5cps since breaking down, neither of which appeared to be a serious crack at a breakout. The first in early September was not supported by the market, and the second in early November was caused by some over enthusiasm on announcement.

    AJM - Weekly
    AJM 271116.png

    Z31.png
    Last edited by Jako8557: 27/11/16
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(16.7%)
Mkt cap ! $15.44M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $12.89K 4.596M

Buyers (Bids)

No. Vol. Price($)
145 197920249 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 44471257 94
View Market Depth
Last trade - 15.10pm 21/06/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.