MAY 3.57% 2.7¢ melbana energy limited

May Chart, page-2106

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    Getting close to pre-liminary oversold conditions.
    Maybe tickle 0.082c on a capitulation? Would be the 78.6% Fib.
    Exciting times for an accumulater
    Lower gap at 0.057c. Would take a fundamental driver to head down that way IMO.

    Gotta hand it to the manipulators/composite men, they have absolutely played this to perfection pre-Zapato ann + option expiration. Well played insto's.

    Best of luck team
    Last edited by Sherb: 18/08/22
 
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