1MC 0.00% 4.4¢ morella corporation limited

todays chart

  1. 8,231 Posts.
    lightbulb Created with Sketch. 190
    we have reached the first target, so i would expect we will reach the second target on a reasonable announcement.

    the second target would be the top of the uptrend channel, i would expect a retrace from there.

    posters have commented of the upward momentum without a pull back this can be seen in the macd indicator at the bottom of the chart, i cant remember if i have ever seen it go up so strongly for so long before ?

    lots of people who do not believe in TA actually do the TA themselves in there heads & dont even realize it, hence the comments about the solid upward momentum, using the chart it just backs up pictorially what you your brain is telling you.

    i think a lot would have picked the macd doing a bearish crossover & been caught short .

    27 cents by end of this week, if not sooner is my call.

    ajm_ax10apr15_to_19apr16.png
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
0.000(0.00%)
Mkt cap ! $10.87M
Open High Low Value Volume
4.3¢ 4.4¢ 4.3¢ $4.318K 99.90K

Buyers (Bids)

No. Vol. Price($)
2 94221 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 44201 1
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.