MPO 0.00% 14.0¢ molopo energy limited

madmacs chart, page-8

  1. 25,374 Posts.
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    some most unpleasant manners unfolding on MPO threads....the usual egotistical motives.

    anyway for those who lightened their positions well before yesterday, based on trading patterns and trendlines as discussed..the converse buy triggers have not been firmed up as of yet imo..
    The earlier posts in this thread are simply to show how the support and resistance had firmed up at the 30c level, It went on to break out, failed a new high and broke 30c support again.. then 28 etc...
    refer Siameseparrots last chart chat thread..


    who could have guessed
    certainly not me
    just reiterate capital preservation is the name of the game. using trailing stoplosses..
    Averaging Down is an absolute TA No No.....
    on that note
    I don't know how pchu can emotionally separate two holdings in one stock...all to clever imo
    good luck

 
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