MPO 0.00% 14.0¢ molopo energy limited

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  1. 25,374 Posts.
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    about to trigger MACD Buy (back tested as profitable , as a stand alone single oscillator trading system)
    however because it backfilled a gap on close and may have some exhaustion/ resistance above 24 and US market closed flat last night..its possible it may accumulate sidewards a while..
    a tight trailing stop at 21.5 may be still be relevant to day traders.
    My money is on the MACD and down channel breakout based on gas leak momentum.
 
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