MAY 5.56% 3.4¢ melbana energy limited

May Chart, page-12155

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    07 -069c is the exact back test we really want to see here imo...there`s a lot of bullish observations which can be said on TA at the moment across daily and weekly time frames, but one which probably captures it clearly enough is a simple moving average study on the daily chart...(9 above 13 ema crossing over the main 65 day ema)..without exception this scenario leads into a strong one way move every time. MAY 65 ema cross .png
 
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