1MC 14.3% 0.3¢ morella corporation limited

Hey guys/gals been long time since I posted here....I sold...

  1. 904 Posts.
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    Hey guys/gals been long time since I posted here....I sold (apart from small free carry position) after getting spooked and then seeing the major trendline and symetrical triangle fail I have recently topped back up at 0.140 and 0.15 and pretty confident we have seen the low and looking forward to a positive DFS and news flow period!

    AJM Chart has 3 distinct volume spikes that stand out, not including the initial run up (see chart for more info(dosnt include todays candle))
    IMO the most recent volume spike was the final selling climax and we are possibly now seeing a Inverted Head & Shoulder reversal pattern
    Soooooo unless the DFS /Funding agreements/Optimum Nano off-take etc (haha yeh still some risk!!!) disappoints I think we can now enjoy a steady ride up to some new highs

    Gday @Jako64 ....I know you did hold and I used to like seeing your charts here and would love to know what you think now....only if you still hold mate.

    AJM_150916.jpg

    I know another thread but hopefully there will be others that wish to share some AJM TA
    Cheers
 
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Last trade - 15.38pm 26/04/2024 (20 minute delay) ?
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