MAY 10.3% 3.2¢ melbana energy limited

May Chart, page-9142

  1. 14,561 Posts.
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    @Scarin I have a rough idea based on a txt book scenario but don`t wish to say what or why that is, or even think about that price too much because it very rarely works out that way...over the last 18 moths or so I`ve learned to focus on following price action at the hard right edge of the screen only, rather than looking too far ahead (predicting/guessing). but having said that I think its pretty clear that price is just entering an expansion phase.."rerate"...follow the 9 above 13 ema till that momentum runs out.. imo.
 
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