MAY 10.3% 3.2¢ melbana energy limited

TA only, page-1150

  1. 6,605 Posts.
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    Not 7 days. But yes, I think even if the price remains constant, I think the golden cross will occur. (especially if you look at the last 200 trading days every day from now on will reduce the 200sma [because 200 trading days ago the share price was higher than it was now, which means those days will be deleted (deleted from the moving average calculation once they pass e.g 201days old and thereafter), reducing the moving average]). An also if you look at the 50sma, soon we will only see the days from the low of 0.039 and onwards (increasing the 50sma).
    Last edited by Flambeau: 07/02/23
 
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