MAY 6.06% 3.5¢ melbana energy limited

Don't Sell Your Shares Cheap, page-48

  1. 1,019 Posts.
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    As MAY has climb significantly we have retraced a fair bit yesterday and today which is healthy and normal. The price action might touch 0.13s but inevitably its onwards and upwards! Also you have day traders exiting plus a tree shake = a sell down! Quite a simple tactic really as people take profits and others shake the tree to buy cheap shares.

    The fundamentals haven't changed so the only reason for the sell down is profit taking and a technical retrace as no stock goes up in a straight line.

    You can't hold MAY down for long IMO.

    GLTA and DYOR

    https://hotcopper.com.au/data/attachments/4190/4190879-7ef4db896a9d91ae05b1c42b77f04f4a.jpg
 
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(20min delay)
Last
3.5¢
Change
0.002(6.06%)
Mkt cap ! $117.9M
Open High Low Value Volume
3.3¢ 3.6¢ 3.3¢ $577.5K 16.92M

Buyers (Bids)

No. Vol. Price($)
5 1018559 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 1521853 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MAY (ASX) Chart
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