1MC 0.00% 0.3¢ morella corporation limited

@AV78I like the parallels between where the chart is now and...

  1. oke
    3,339 Posts.
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    @AV78
    I like the parallels between where the chart is now and late 2021/ early 2022.
    Cross over of the 20/50 EMA another bullish continuation indicator.
    Spike in volume recently and the accompanying daily range expansion and shallow pullback/consolidation
    Theres some pending news and some slated for mid Sept - Oct that could be transformative with possible pre-emptive buying happening.
    Market likes the extensive tenements in the Pilbara courtesy of the SYA joint venture ,,and the hot button Nevada play especially after last weeks US 'Inflation Reduction Act' budget which prioritises US lithium development.
    Other than that I like the interplay of time and price

    Last edited by oke: 21/08/22
 
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