MAY 11.5% 2.3¢ melbana energy limited

May Chart, page-3129

  1. 13,993 Posts.
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    There's a lot of stock just waiting to breakout higher on an XAO breakout above 7040 ish imo, MAY is just one of them..could be wrong but I believe the XAO has already made a bottom back in June and followed on with a higher low in Oct..this horizontal resistance around 7040 is being very very stubborn (again today at 7038 ), 1 month resistance now, bears and shorts not giving up the fight easily but if and when it cracks, MAY will likely rise on the same tide imo..good timing! XAO breakout 7041.png
    Last edited by W3hunter: 26/10/22
 
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