1MC 14.3% 0.3¢ morella corporation limited

AJM - Broken the downtrend and now on a new modest uptrend,...

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    AJM - Broken the downtrend and now on a new modest uptrend, bottom of it is around 58 level there is also a descending wedge happening so they should meet up over the next few days, Make no mistake this is a very bullish pattern would like to see a small drop back on minimal volume to confirm pattern but looks to break end of next week to the upside.RSI and MACD also leveling out, strong support at .58 would watch for a bounce of this area for any short term trade. GLTAH !

    https://hotcopper.com.au/data/attachments/2343/2343893-5d7247566779e9e659be77e5b1f10d74.jpg
 
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