a couple of things I dont know this stock as it went off my data base when not trading some time back, So one needs to know it is now trading Fundamentally as a new entity..the old price history will then be irrelevant..
heres the current trend I had to draw logarithmic/ parabolic trend lines as it had been accelerating up for 3 months, This basically shows what would ordinarily be a level for the trend to break down. I back tested some stoploss calculations and found that they were all to tight in the past and triggered sells as the stock continued to rise.. Thats a hard thing to calculate with volatile stocks and stay safe.. The last stoploss was triggered today at .0245c You can see it closed on a low for the day but on an old support level and Fib line.. If you are still long I would be looking at this level as being reasonably critical..It is not technically oversold, relative to its substantial recent gains, cheers perhaps your fundamentals can provide a price valuation clue...The all ords closing low doesnt help sentiment..
MOO Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
