MAY 4.35% 2.2¢ melbana energy limited

May Chart, page-11736

  1. 43,954 Posts.
    lightbulb Created with Sketch. 991
    So if price is to move significantly higher it is going to have to pullback to an area of demand which has been untested by a pullback yet.
    So around 0.06 looks like a big possibility where a supply and demand imbalance can be found on the hourly chart
    https://hotcopper.com.au/data/attachments/5706/5706934-b4b892c4a643a53df44efe05e680fbac.jpg

    .
 
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