MAY 4.35% 2.2¢ melbana energy limited

Interesting perspective Mickeebee. Maybe when I was younger I...

  1. 4,609 Posts.
    lightbulb Created with Sketch. 1811
    Interesting perspective Mickeebee. Maybe when I was younger I was a bit the same, and had a similar view. I have always been a fundamentalist, and it's served me well.
    BUT with the passing of time I have widened my blinkers somewhat. Perhaps that's because whilst I know the fundamentals control the valuation, I've realised the market seems to consistently be at odds with the valuation - that I believe can be explained by the people's (ie market) emotions. That can probably be more effectively displayed by the charts.
    So nowadays, whilst I rely on my fundamental view, I'm also looking at the charts, and very happy to hear from the more technical savvy chartist, to get a reading on "market sentiment".
    But everyone is different - that's what makes a market.
    (From an amateur chartist my view is MAY is going UP, but the next announcement might give us more of an idea - and it might be tomorrow.)

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.