1MC 20.0% 0.3¢ morella corporation limited

Ann: Lithium Offtake Letter of Intent Signed & Share Placement, page-270

  1. 912 Posts.
    lightbulb Created with Sketch. 38
    This is the way I see it now......really its too early to call (happy to post anyway ) but looks like we have a continuation pattern building the key is falling volumes on the retracement. If we get a close above 0.10 on high volume ST target will be 0.13 - 0.14
    I think this combined with the FA the guys have been discussing we have a pretty powerful and bullish setup and could go well beyond the short term chart target!!!
    Things can turn south in a blink of an eye so this is, as i said just the way i see it.

    Disclaimer: have had a few beers and just poured another red!!

    AJM_270216.jpg
    Last edited by gtrade: 27/02/16
 
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