MAY 1.69% 5.8¢ melbana energy limited

Ann: Alameda-1 intersects 670 metres of oil shows, page-132

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    My Daily chart tells me that the 0.035, 0.041, & 0.045 resistance levels all date back to mid-July 2016.
    MO the buyers at those levels, so long ago, would be long gone by now, as evidenced by the SP sailing thru the 1st 0.035 level early yesterday, en route to the day's high of 0.038.
    So IMO again, 0.038 will thus be the next level to be tested, in hopefully the immediate? foreseeable future.
    (I'm holding the Oppies, not the heads - much greater leverage.)
 
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