MAY 4.65% 4.1¢ melbana energy limited

May Chart, page-596

  1. 13,952 Posts.
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    Very good to see a couple of things on the chart tonight!...firstly the 9 and 13 EMA`s are still trending in unison..this has happened twice now since the last low at 054c...it might seem like a small thing but its shows that the trend in this time frame (daily) is alive and well....secondly we breached and closed above the CBL line at 16c..in an on going up trend this is a regular thing so its good to see that today for the 2nd time as well..hopefully this level now provides new support on any back test in the future.. MAY momentum.png
    Last edited by W3hunter: 07/04/22
 
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