MAY 10.3% 3.2¢ melbana energy limited

May Chart, page-4513

  1. 14,559 Posts.
    lightbulb Created with Sketch. 7798
    So as suggested, the SP did get a bit ahead of itself and spiked too far out of bollies and is correcting nicely now. Like to see a tag of the 8ema (.056- .057) and bounce for a re-entry.
    If it breaks below the 8 then the bollie median comes into play.

    Cheers.

    https://hotcopper.com.au/data/attachments/4912/4912938-c5e822f9c379aba8f98f89d2fc815966.jpg

 
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