MAY 4.35% 2.4¢ melbana energy limited

I look at charts once a week, there’s always a disconnect...

  1. 1,829 Posts.
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    I look at charts once a week, there’s always a disconnect between TA and FA, and the chart you have is a good example, price still going down even after a good announcement. Got to use both skills to trade/invest.
    will we get a double bottom at 6.1c? The market is saying you only have hit 1 out of 3, still have Alameda and Marti to go.
    Charts are good for exit and entry prices if you want to trade, trading is like a 100metre sprint, if you are a marathon runner, stick with FA. Useless for a 3 year holder to look at daily charts and say it’s useless

 
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Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $34.16K 1.485M

Buyers (Bids)

No. Vol. Price($)
20 5561559 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 3576082 17
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Last trade - 14.48pm 30/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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