MAY 6.06% 3.5¢ melbana energy limited

May Chart, page-11853

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    Daily Chart, There is some obvious resistance at the 067c level and that's imo because its a 62% retrace up from the recent low of 06c this is typical of down trends..it needs to take that level out confidently or the overall trend will likely continue on down to make a lower low. MAY 62% Fib 067c.png
 
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