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4.1¢ morella corporation limited

What is the trend? Sell? I was once told to sell when the buying...

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Jasventure

1,165 Posts.

115

27/09/18

11:40

Post #: 35877398
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Originally posted by mobius76 ↑

I trade with charts. Others trade with fundamentals and that is okay. Both are better than those who trade with dreams.

I have no incentives to get people to buy lower, in fact I should pump the stocks like many dreamers here do so I can turn a profit sooner. My parcel came at the low teens years ago so I don't have much to worry.

The sooner dreamers stop pumping the stock and let the shorters get what they want, the sooner the stock will rebound. Influencing gullible people with a couple hundred grands to keep this stock at this price pales in comparison to the tens of millions the institutions have at their disposal to short. They are going to win anyway so why do the dreamers trick other people and make them suffer.

If there was a market wisdom to share it would be "The trend is your friend". What is the trend now?

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What is the trend? Sell? I was once told to sell when the buying fever is in full swing and to buy when the pice is low. Now I also apply either good fundamentals which this one has, or charting advice. There are three things this stock needs IMO. Once we have these, it's up and away. Fever time. IMO

AJM Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 4.1¢		Change -0.003(6.82%)		Mkt cap ! $10.13M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.1¢	$6.658K	156.4K

Buyers (Bids)

No.	Vol.	Price($)
3	115822	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	52944	2

View Market Depth

No.	Vol.	Price($)
3	115822	0.041
8	308583	0.040
1	18000	0.039
1	50000	0.037
1	16500	0.036

Price($)	Vol.	No.
0.044	52944	2
0.045	105556	4
0.046	21739	1
0.047	45000	1
0.048	20833	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

1MC (ASX) Chart