ewob. While on the topic of charts, here's the latest from Get-A-Graph. Though IMO fundamentals will drive the SP north.
3 MONTH TREND MOLOPO AUSTRALIA LIMITED has broken the wide and strong rising short term trend up and even stronger raising rate are indicated. On reaction back there will be support on the roof on the current trend broken, which is AUD 0.59, a level that may pose a second chance to hit a runner. According to fan-theory AUD 0.73 will be next possible trend top level and thereby pose a resistance level which may not be broken on first attempt.
MPO Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
