MAY 4.17% 2.3¢ melbana energy limited

May Chart, page-11048

  1. 14,056 Posts.
    lightbulb Created with Sketch. 7422
    Well today was conformation that the market expected more from management than what was delivered. Rolling over on all time frames since open on Monday unfortunately.

    https://hotcopper.com.au/data/attachments/5547/5547017-5543f54415f5bdcd4f32a1841c8238e7.jpg

    Need to wait until it settles to see where it lands, fascinating to see how much of that gap gets filled. Another red day tomorrow and that MACD will kiss off to the negative.
    W3's charts would be far better at the moment as after such erratic price action over the past 2 weeks my system takes a few sessions to settle the data down to read. The smaller ema's are suffering whiplash!

    https://hotcopper.com.au/data/attachments/5547/5547025-9503d96d051bbdf5889e04ad8c87f76c.jpg

    Gees, I bet Ratty is going nuts, it would be all everyone else's fault?? biggrin.png

    Cheers
 
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2.4¢ 2582136 17
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MAY (ASX) Chart
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