MPO 0.00% 14.0¢ molopo energy limited

chartists, page-6

  1. 135 Posts.
    Always interested in the chart chatter,although I don't follow MPO.Albeit asymetrical the daily displays a fairly nasty head and shoulders top which confirmed around 21 or 22.The formation height looks to be about 11 cents which deducted from the confirmation price gives a pretty low target I would halve the height to give a more coservative low.Either way it doesn't appeal for a long position.
 
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Currently unlisted public company.

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