MAY 4.76% 2.2¢ melbana energy limited

Ann: Zapato-1 Drilling Update, page-179

  1. 163 Posts.
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    Looking at the small sell sets by multiple sellers in each range, i believe the resistance will be traders dumping the shares bought in the low 7c - 8c range cashing in on their 50% + profits These should eventually dissipate but be replaced by the next bought range 9c - 10c
    https://hotcopper.com.au/data/attachments/4483/4483636-a8a01aa2a8a622ae332dbf1775e42938.jpg
 
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